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Industry

China's software industry reports robust expansion in 2022

February 07, 2023


Abstract : China's software and information technology services industry logged steady growth in 2022, data from the Ministry of Industry and Information Technology shows.

A worker checks the spring farming progress of the Datian rural cooperative by a monitor system on a computer in Jiangxiang Town, Nanchang County of east China's Jiangxi Province, March 8, 2022. (Xinhua/Peng Zhaozhi)

BEIJING, Feb. 6 (Xinhua) -- China's software and information technology services industry logged steady growth in 2022, data from the Ministry of Industry and Information Technology shows.

The combined software revenues of major companies in the sector topped 10.81 trillion yuan (about 1.6 trillion U.S. dollars) last year, up 11.2 percent year on year, according to the ministry.

The sector's total profits rose 5.7 percent from the previous year to 1.26 trillion yuan, the data shows.

In the same period, industrial software product revenues surged 14.3 percent from 2021, 3.1 percentage points higher than the level of the industry at large.

Cloud computing and big data services revenues rose 8.7 percent year on year, and e-commerce platform technical services revenues jumped 18.5 percent, the data shows.

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Keyword: growth software industry

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