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%.
