China's Ministry of Industry and Information Technology has published its latest statistics, which show that the accumulated revenue of the Chines software industry reached CNY757.29 billion in 2008, a year-on-year increase of 29.8%, and the growth rate was 8.3 percentage points higher than that of 2007.
Generally speaking, facing the unfavorable international economic and financial situation, China's software industry maintained a good overall condition. Of all sectors, software was still a major revenue source in China's technology market. The revenue from the specific software product sector increased by 32% to CNY316.58 billion in 2008, accounting for 41.8% of the total revenue of China's software industry.
By regions, the growth rate of the software industry in China's eastern areas continued to decline while that of the western areas increased rapidly. The accumulated software revenue in the eastern areas increased 29.5% year-on-year to CNY638.92 billion, accounting for 84.4% of the country's total software revenue; and that in the western areas increased 32.6% to CNY65.97 billion year-on-year.