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China’s software export hit $14.2 bln in 2008

China’s software export soared 39 percent last year to 14.2 billion U.S. dollars from 2007, despite the international financial crisis, announced the Chinese Ministry of Industry and Information Technology (MIIT). The export included 1.59 billion dollars from outsourcing services, up 54.3 percent year on year. MIIT said the software industry maintained a rapid growth last year, with the business revenue increasing by 29.8 percent to 757.3 billion yuan (110.8 billion U.S. dollars). The growth rate was 8.3 percentage points higher than a year earlier…

China’s software export soared 39 percent last year to 14.2 billion U.S. dollars from 2007, despite the international financial crisis, announced the Chinese Ministry of Industry and Information Technology (MIIT).

The export included 1.59 billion dollars from outsourcing services, up 54.3 percent year on year.

MIIT said the software industry maintained a rapid growth last year, with the business revenue increasing by 29.8 percent to 757.3 billion yuan (110.8 billion U.S. dollars). The growth rate was 8.3 percentage points higher than a year earlier.

But, the growth slowed down in December. The sector’s revenue went up 19.2 percent to 59.6 billion yuan in December, 9.3 percentage points lower than November and 11.7 percentage points lower than the same period of a year earlier.

The sales of software products hit 316.6 billion yuan last year, up 32 percent year-on-year, It made up 41.8 percent of the sector’s total revenue.

By Itamar Medeiros

Originally from Brazil, Itamar Medeiros currently lives in Germany, where he works as VP of Design Strategy at SAP, where he leads the design vision for the entire Human Capital Management product line, ensuring cohesive product narratives and establishing best practices.

Working in the Information Technology industry since 1998, Itamar has helped truly global companies in multiple continents create great user experience through advocating Design and Innovation principles. Itamar has also served as a juror for prestigious design competitions and lectured on design topics at universities worldwide.

During his 7 years in China, he promoted the User Experience Design discipline as User Experience Manager at Autodesk and Local Coordinator of the Interaction Design Association (IxDA) in Shanghai.

Itamar holds a MA in Design Practice from Northumbria University (Newcastle, UK), for which he received a Distinction Award for his thesis Creating Innovative Design Software Solutions within Collaborative/Distributed Design Environments.

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