Data from the Ministry of Industry and Information Technology showed that China's software industry grew very strongly in the first two months of the year, witnessing double-digit growth in revenues. The industry's revenue during this period grew by 11,6 percent compared to the same period of the previous year, reaching 1,18 trillion yuan (about $185,8 billion). The said increase is 8 points higher than the average increase of the same periods of the previous two years.
The total earnings of the sector, on the other hand, decreased by 7,6 percent in the January-February period compared to the previous year and remained at 133,2 billion yuan. Looking at the breakdown and breakdown, the combined revenue of information technology services rose to 770,3 billion yuan, up 13,1 percent compared to the previous year. This amount constitutes 65,3 percent of the sector's total income.
Among these services, the revenues arising from e-commerce platform technical services increased by 24,8 percent compared to the previous year, while the revenues of industrial internet platform services increased by 16,6 percent compared to the previous year.
Source: China International Radio
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