xi's moments
Home | Industries

China's software sector sees steady revenue growth in Q1

Xinhua | Updated: 2022-05-05 16:32

An employee demonstrates a data center model in Guiyang, Guizhou province. [Photo/Xinhua]

BEIJING -- China's software and information technology sector sustained stable growth in the first quarter (Q1) of this year, with revenue from software-related business up 11.6 percent year-on-year, official data showed.

Software revenue of the sector topped 2 trillion yuan (about $302 billion) during the period, according to the Ministry of Industry and Information Technology.

Companies in the sector raked in 203.1 billion yuan in combined profits in the period, down 3.9 percent year-on-year, shrinking from the 7.6-percent decline registered in the first two months.

In the first three months, China's software exports came in at $11.6 billion, up 4.3 percent year-on-year, the data showed.

Global Edition
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349