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China's software sector grows 18.3 pct y-o-y in Jan.-Nov.

December 30, 2021


Abstract : China's software sector raked in a total revenue of 8,547.1 billion yuan in the first 11 months of 2021, up 18.3 percent year on year, showed data from the Ministry of Industry and Information Technology recently.

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Employees work on a production line in the sub-area of Heilongjiang pilot free trade zone (FTZ) in Harbin, northeast China's Heilongjiang Province, Nov. 13, 2020. (Xinhua/Zhang Tao)

BEIJING, Dec. 30 (Xinhua) -- China's software sector raked in a total revenue of 8,547.1 billion yuan in the first 11 months of 2021, up 18.3 percent year on year, showed data from the Ministry of Industry and Information Technology recently.

China's software and information technology service sector maintained sound growth momentum from January to November. According to the official data, companies in the sector reaped a total of 1,015.3 billion yuan in profits, up 8.2 percent year on year, registering a compound annual growth rate of 7.6 percent in the past two years.

In the first 11 months, the revenue of software products totaled 2,176.5 billion yuan, up 14.6 percent year on year. Besides, the revenue of industrial software products was 212.1 billion yuan, up 20.1 percent from a year earlier, 1.8 percentage points higher than that of the whole industry.

(Edited by Zhang Yaru with Xinhua Silk Road, mcxmzyr2@163.com)

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Keyword: China software sector

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