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software development companies, Pittsburg, New York, New Jersey, Connecticut, Pennsylvania, tri state, tri-state,  C#, C++, Asp.Net, .Net

China's Software Exports Up in First Five Months of 2009

China's Ministry of Industry and Information Technology has published a report on the country's software industry and states that China's software exports increased by 54.2% in the first five months of 2009 over the previous year, reported ChinaTechNews. The following is an excerption of the report.

 

"Statistics show that from January to May 2009, China's software industry realized accumulated revenue of CNY329.14 billion, a year-on-year increase of 23.3%, but the growth rate was 5.7% lower than that of the last year.

 

From January to May 2009, revenue from software products was CNY115.22 billion, accounting for 35% of the total revenue of the software industry. The software products revenue increased by 24.2% year-on-year, but the growth rate was 0.8 percentage points lower than that of the last year.

 

Revenue from software technology service increased by 28.2% year-on-year to CNY65.93 billion, accounting for 20% of the total revenue.

 

In addition, China's software exports reached USD6.56 billion from January to May 2009, increasing 54.2% compared with the same period of last year. Of the total, the exports of software outsourcing services was USD670 million, a year-on-year increase of 59%."