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China's Software Exports Up 54.2% In First Five Months Of 2009

June 29, 2009
Business | Software

China's Ministry of Industry and Information Technology has published a report on the country's software industry and states that China's software exports increased by 54.2% in the first five months of 2009 over the previous year.

Statistics show that from January to May 2009, China's software industry realized accumulated revenue of CNY329.14 billion, a year-on-year increase of 23.3%, but the growth rate was 5.7% lower than that of the last year.

From January to May 2009, revenue from software products was CNY115.22 billion, accounting for 35% of the total revenue of the software industry. The software products revenue increased by 24.2% year-on-year, but the growth rate was 0.8 percentage points lower than that of the last year.

Revenue from software technology service increased by 28.2% year-on-year to CNY65.93 billion, accounting for 20% of the total revenue.

In addition, China's software exports reached USD6.56 billion from January to May 2009, increasing 54.2% compared with the same period of last year. Of the total, the exports of software outsourcing services was USD670 million, a year-on-year increase of 59%.

Tags: accounting | China | export | Exports | information technology | MIIT | Ministry of Industry and Information Technology | outsourcing | report | revenue | service | Software | software outsourcing | statistics | technology | Total

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