Home News China’s software sector sees $796.66 billion growth in January-July 2022

China’s software sector sees $796.66 billion growth in January-July 2022

by Dubai Forum
0 comment
Dubai Forum Default

BEIJING, 28th August, 2022 (WAM) — China’s software industry reported a 10.3 percent increase in business revenues in the first seven months of the year, Chinese news agency, Xinhua, reported.

Revenues totalled 5.46 trillion yuan (about US$796.66 billion) from January to July, data from China’s Ministry of Industry and Information Technology showed.

Companies in the sector raked in 569.8 billion yuan in combined profits during the period, up 6.6 percent year on year.

During the period, China’s software exports amounted to US$29.8 billion, up 4.3 percent year on year.

WAM/Amjad Saleh

You may also like

Leave a Comment

About Us

Dubai Forum your daily news roundup covering news from Dubai, the United Arab Emirates and the Middle East region in general.

We share news about #people, #travel, #fashion, #startups and #Dubai #communities #DubaiForum

Newsletter