The Chinese Ministry of Commerce (MOFCOM) has entered into a Memorandum of Understanding with, the sourcing data and advisory firm, TPI.

The advisory firm also strengthened its relationship with the China Council for International Investment Promotion (CCIIP) by entering into a strategic cooperation agreement.

Under the agreements, TPI will advise MOFCOM and CCIIP on accelerating the growth of the country's emerging IT and business process outsourcing sectors. TPI will also assist MOFCOM and CCIIP with their efforts to expand and enhance the pool of talent in China, nurture globally competitive service providers and attract business from multinational companies. In addition, MOFCOM and CCIIP will assist TPI in promoting its growing capabilities to Chinese businesses.

Madam Zhou Ming, Executive Vice President and Secretary General of CCIIP, commented, "The China Council for International Investment Promotion is pleased that TPI is working with us to promote development of the outsourcing industry in China."