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China's software industry sees revenue rise

Wednesday, 13 February 2008


BEIJING, Feb 12 (AFP): China's software industry saw an increase in revenue of more than 20 per cent last year, boosted by particularly swift growth in income from services, state media reported today.
The Chinese software industry generated revenues of 580 billion yuan (81 billion dollars) in 2007, up 20.8 per cent from the year before, Xinhua news agency said, citing the ministry of information industry.
Software and technology services saw the steepest growth, rising 24.8 per cent to 97.8 billion dollars, according to ministry figures cited by the agency.