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Industry

China’s software sector witnesses rapid growth in Jan.-April

May 28, 2019


Abstract : China’s software and IT sector reported rapid revenue growth in January-April, official data showed on Monday.

BEIJING, May 28 (Xinhua) – China’s software and IT sector reported rapid revenue growth in January-April, official data showed on Monday.

The sector’s total revenue stood at 2.05 trillion yuan in the first four months of this year, up 14.8 percent year on year, according to the Ministry of Industry and Information Technology.

The growth accelerated 0.5 percentage points from the same period of last year.

Combined profits in the sector rose 8.7 percent from one year earlier to 250.3 billion yuan in January-April.

The country’s software and IT service exports inched up 8 percent year on year to 15.3 billion U.S. dollars.

MIIT data also showed an increase in both the number of employees and average salary levels in the January-April period. (Edited by Yang Yifan, yangyifan@xinhua.org)

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Keyword: software-IT

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