NTT Com Expanding Presence in China
OREANDA-NEWS. June 29, 2012. NTT Communications Corporation (NTT Com) announced that its subsidiary NTT Communications China Ltd. will be opening branch offices on July 1 in Shenyang, Chengdu, and Shenzhen to grow their business and increase competitiveness in mainland China. The new branches will provide system architecture, maintenance and management for businesses in and around these dynamic cities.
The addition of three new branches expands NTT Com’s network of subsidiaries and offices to 10 cities in mainland China alone, and to 82 cities in 30 countries/regions worldwide.
The three locations were chosen for their appeal for domestic and international companies and their excellent growth potential. Shenyang—and northeast China as a whole—has attracted many domestic and foreign BPO service providers due to the lower cost of labor in comparison with coastal areas and the abundance of fluent foreign language speakers. Chengdu also offers lower relative labor costs and has become a hotspot for manufacturing and distribution companies capitalizing on the recent increase in domestic demand. The area around the Pearl River Delta, including the special economic zone of Shenzhen, has been sustaining high rates of growth and currently has the highest concentration of foreign companies in China.
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