China's software sector sees revenue growth of 10.6 pct in Jan-May
Source: Xinhua | 2022-07-03
China's software and information technology service sector sustained stable growth in the first five months of this year, with revenue from software-related businesses up 10.6 percent year on year, according to official data.
The sector's revenue amounted to 3.62 trillion yuan (about 541.4 billion U.S. dollars) during the five-month period, data from the Ministry of Industry and Information Technology showed.
Companies in the sector raked in 374.7 billion yuan in combined profits in the period, up 1.9 percent year on year, reversing a 1.4-percent decline registered in the first four months.
During the January-May period, China's software exports amounted to 20.4 billion U.S. dollars, up 2.7 percent year on year, data showed.
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