China’s Software Industry Revenue Rises 31.2%

China’s software industry income amounted to 193.55 billion yuan from January to April, up 31.2 percent year-on-year, and 11.4 percentage points higher than the electronic information industry, according to information released by the Ministry of Industry and Information.

The revenue from software products accounted for 70.39 billion yuan (10.2 billion US dollars): it is still the main component of the software industry. Revenue from software technology services saw the fastest growth and amounted to 35.63 billion yuan (5.1 billion US dollars), growing by 48.2 percent year-on-year. Revenue from system integration increased by 23.8 percent to 46.07 billion yuan (6.7 billion US dollars); and the growth rate of revenues from embedded systems and IC design are relatively low.

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As the core of the information industry and strategic forces promoting the integration of information technology and industrialization, the scale of China’s software industry has kept growing. Its total revenue increased 6.3 times from 79.6 billion yuan (11.5 billion US dollars) in 2001 to 583.4 billion yuan (85 billion US dollars) in 2007.