Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's software industry expands in first 4 months

June 05, 2023


Abstract : China's software and information technology service industry reported double-digit growth in revenue and profits in the first four months of the year, data from the Ministry of Industry and Information Technology showed.

A staff member from a technology company demonstrates AI software at an exhibition at the China Science Fiction Convention (CSFC) 2023 in Beijing, capital of China, May 30, 2023. (Xinhua/Chen Zhonghao)

BEIJING, June 3 (Xinhua) -- China's software and information technology service industry reported double-digit growth in revenue and profits in the first four months of the year, data from the Ministry of Industry and Information Technology showed.

Profits of the sector expanded 13.8 percent year on year to 367.4 billion yuan (about 51.77 billion U.S. dollars) in the period, while revenue grew by 12.8 percent from a year ago to 3.32 trillion yuan, according to the data.

Revenue from software products increased by 11.1 percent year on year to 818.3 billion yuan in this period. Revenue from industrial software products expanded to 81.48 billion yuan, marking a year-on-year increase of 15.1 percent, according to the data.

Cloud computing and big data services revenue jumped 16.3 percent year on year, and e-commerce platform technical services revenue rose 4.1 percent, the data showed.

Scan the QR code and push it to your mobile phone

Keyword: software industry

Most Read

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial