China’s software industry expands in first four months

Author: xinhua

China’s software and information technology service industry reported double-digit growth in revenue and profits in the first four months of the year, data from the Ministry of Industry and Information Technology showed. Profits of the sector expanded 13.8 percent year on year to 367.4 billion yuan (about 51.77 billion U.S. dollars) in the period, while revenue grew by 12.8 percent from a year ago to 3.32 trillion yuan, showed the data. Revenue from software products increased by 11.1 percent year on year to 818.3 billion yuan in this period. Revenue from industrial software products expanded to 81.48 billion yuan, marking a year-on-year increase of 15.1 percent, according to the data. Cloud computing and big data services revenue jumped 16.3 percent year on year, and e-commerce platform technical services revenue rose 4.1 percent, the data showed.

Share
Leave a Comment

Recent Posts

  • Pakistan

PTI leadership ‘reaches Adiala’ to meet Imran

  In a dramatic turn of events, top leadership of Pakistan Tehreek-e-Insaf (PTI) has reached…

5 hours ago
  • Pakistan

The march is on despite ‘crackdown

As PTI convoys from across the country kept on marching Islamabad for the party's much-touted…

10 hours ago
  • Pakistan

PM tasks Punjab, NA speakers with placating PPP

Prime Minister Shahbaz Sharif has instructed the speakers of the national assembly and Punjab's provincial…

10 hours ago
  • Pakistan

Kurram warring tribes agree on 7-day ceasefire

Following the government's efforts to ease tensions in Kurram, a ceasefire was agreed between the…

10 hours ago
  • Pakistan

Polio tally hits 55 after three more cases surface

In a worrying development, Pakistan's poliovirus tally has reached 55 after three more children were…

10 hours ago
  • Cartoons

TODAY’S CARTOON

10 hours ago