Up to 65 companies from Jiading district, Shanghai, have received recognition as eligible software enterprises in 2014, according to the Shanghai Municipal Committee of Economy and Information Technology.
The gross revenue of those companies has reaches reached over 220 million yuan ($35 million), with the sales revenue of over 218 million yuan. The sales revenue of independently developed software products has reaches reached 197 million yuan, accounting for 94 percent of the total. The R&D costs amount to over 45 million yuan, accounting for 23 percent of the sales. The companies also hold 108 software copyrights in all.
By the end of 2014, a total of 221 companies have been recognized as software enterprises in Jiading, with year-on-year growth of 41.7 percent.