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China’s software industry consisting of 35,108 companies generated revenues of CNY4.421 trillion (US$650.99 billion) in January-October 2017, growing 13.9% on year, according to China’s Ministry of Industry and Information Technology (MIIT).
Exports of software products and services in January-October reached US$40.7 billion, accounting for 6.25% of the total revenues and rising 2.0% on year. The industry posted operating profit of CNY531.4 billion in the period, remaining unchanged on year.
MIIT: China software revenues by business category, Jan-Oct 2017 (CNYb) |
||
Category |
Revenues |
Y/Y |
Software products |
1,350.507 |
12.2% |
IT services* |
2,375.916 |
16.2% |
Software for embedded systems |
694.482 |
9.9% |
*Including CNY610.598 billion for operational services and CNY170.993 billion for IC design.
Source: MIIT, compiled by Digitimes, November 2017
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China’s software industry consisting of 35,108 companies generated revenues of CNY4.421 trillion (US$650.99 billion) in January-October 2017, growing 13.9% on year, according to China’s Ministry of Industry…