Software & Apps

China's Software Service Revenue up 13.1% in First 4 Months

Updated:2017/6/5 16:35

Figures from MIIT suggest that China's software and information technology services revenue and profit growth accelerated month by month and industry practitioners grew steadily in the first four months of this year.

In the first four months of this year, China's software and information technology services industry achieved software services revenue of CNY1575.3 billion with a 13.1 percent increase which dropped by 2.2 percent year over year.

The whole industry generated profits of CNY185.8 billion totally with a 10.3 percent YoY growth during the period, down 7.5 percent. The profits in April were up 12.1 percent.

Software products brought revenue of CNY478.9 billion during the four months, growing 10.9 percent stably year over year.

 Source:C114
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