China’s software and information technology sector is growing …
(MENAFN) According to official data, China’s software and information technology sector continued its strong expansion momentum during the January-August period, with its operating profit maintaining steady growth.
The Ministry of Industry and Information Technology (MIIT) further stated that the industry’s software revenues amounted to 5.97 trillion yuan ($ 924 billion) during the period indicated, in 20.8% increase per year.
Besides; Information technology services marked rapid expansion in the period shown, with revenue up 23.9% from a year ago, up 3.1 percentage points from compared to the average level of the software sector.
Revenues from industrial software products increased 17% from 2020 to 146.6 billion yuan, supported by growing demand for digital transformation from manufacturers
Legal warning: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility for the accuracy, content, images, videos, licenses, completeness, legality or reliability of the information contained in this article. If you have any complaints or copyright issues related to this item, please contact the supplier above.