China 11-month Software Industry Revenues Rose 21.4%
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[December 30, 2009]

China 11-month Software Industry Revenues Rose 21.4%

BEIJING, Dec 30, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's software industry showed a stable growth trend in the first eleven months of 2009.

In January-November 2009, the industry obtained revenues of CNY 870.16 billion in total, rising 21.4% from the period last year, according to the data unveiled by the Chinese Ministry of Industry and Information Technology on December 29, 2009. The growth was 1.2 percentage points higher than that of the first ten months of 2009 and 9.4 percentage points lower than that of the period last year.


In detail, revenues from software products arrived at CNY 303.58 billion, accounting for 34.9% of the total and increasing 22.4% year on year. The growth was 9.6 percentage points lower than that of the period last year.

Revenues from software services came to CNY 184.9 billion, taking up 21.3% of the total and jumping 30.3% year on year.


Software export reached USD 15.5 billion, leaping 35.3% year on year. The growth was 12.1 percentage points lower than that of the first half of 2009 and 15 percentage points lower than a year ago. Notably, software outsourcing service export rose 42.5% year on year to USD 2.04 billion.

Source: www.cs.com.cn (December 30, 2009)

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