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Chinese Software Industry Revenue in Nov. Surges 30.7 Pct

Chinese Software Industry Revenue in Nov. Surges 30.7 Pct

Write: Norbu [2011-05-20]

China's software industry revenue rose 30.7 percent year on year to 117.8 billion yuan (17.78 billion U.S. dollars) in November, the Ministry of Industry and Information Technology (MIIT) said Wednesday.

The November figure took the software industry's revenue in the first 11 months to 1.21 trillion yuan (182.3 billion U.S. dollars), up 30 percent over the same period last year.

According to the MIIT, Chinese exports of software products in the first 11 months rose 26.9 percent year on year to 21.3 billion U.S. dollars. (6.6247 yuan equals 1 U.S. dollar)