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PostPosted: Wed 5:25, 23 Feb 2011    Post subject: Chinese Software Industry Revenues Surge 29.9 pct

China‘s software industry revenue in the first ten months surged 29.9 percent year on year to 1.09 trillion yuan (160.3 billion U.S. dollars),mobile development outsourcing, the Ministry of Industry and Information Technology (MIIT) said last Wednesday.
In the January-to-October period,Software Localization, the industry‘s revenue was more than ten times that in the same period of 2001, equivalent to an annual growth rate of 38 percent over the period,Telecommunication provider, the MIIT said in a statement on its website.
In the first ten months, the industry‘s revenue accounted for 18 percent of all revenue in the China‘s electronics and information technology sector, compared with six percent in 2001,Telecommunication outsourcing, according to the statement.
Revenues of software-related services,Pharmaceutical software, including information technology consulting services and other value-added technological services, grew faster than those of software products.

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