China's software, IT service revenue to boom
BEIJING, Apr 06, 2012 (Xinhua via COMTEX) --
The revenue of China's software
and information technology (IT) service industry will increase at
an annual growth rate of over 24.5 percent to exceed 4 trillion
yuan (635 billion U.S. dollars) by 2015, under new projections.
Software exports will amount to 60 billion U.S. dollars by
2015, while the revenue of China's IT service sector is expected
to top 2.5 trillion yuan, according to a development plan unveiled
Friday by the Ministry of Industry and Information Technology.
The research input of the country's 100 largest software
companies will account for at least 10 percent of their revenues
by 2015, according to the plan.
China is aiming to increase its focus on the software industry.
The country will have more than 10 cities with software revenues
exceeding 100 billion yuan and two to three software industrial
zones with revenues topping 500 billion yuan by 2015, said the
The country's software and IT service industry saw revenues
rise 32.4 percent year-on-year to 1.84 trillion yuan in 2011.
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