China's Software Sector Revenue Reaches 11.8031 Trillion Yuan in First Three Quarters, Up 8.4% Year-on-Year, Says Ministry of Industry and Information Technology

Deep News10-30 18:10

Data from the Ministry of Industry and Information Technology shows that in the first three quarters, China's software business revenue reached 11.8031 trillion yuan, up 8.4% year-on-year.

Total profits in the software industry amounted to 1.33 trillion yuan, up 1.6% year-on-year.

Software business exports totaled 51.94 billion US dollars, up 12.2% year-on-year.

In the first three quarters, revenue from information technology services grew 9.3% year-on-year, accounting for 69.5% of the industry's total revenue.

Within that, cloud computing and big data services together achieved revenue growth of 10.2% year-on-year, accounting for 17.9% of information technology services revenue.

Integrated circuit design revenue grew 23.3% year-on-year.

E-commerce platform technical services revenue grew 4.9% year-on-year.

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