China software sector sees revenue growth from January -August

Wed, Oct 5, 2022
By editor
1 MIN READ

Foreign

CHINA’S software industry reported a 9.8 per cent year-on-year increase in business revenue in the first eight months of 2022, an official data has revealed.

The data from the Ministry of Industry and Information Technology shows that revenue of the sector totaled 6.44 trillion yuan (about 907.07 billion dollars) from January to August.

Companies in the sector raked in 695.2 billion yuan in combined profits during the period, up 3.6 per cent year on year.

During the period, exports of China’s software services amounted to 34.4 billion dollars, up 4.8 per cent year on year.  (Xinhua/NAN)

A.I

Tags:


IMF Reaches Staff-Level Agreement on the Third Review under Sri Lanka’s Extended Fund Facility Arrangement

AN International Monetary Fund, IMF, team led by Peter Breuer, Senior Mission Chief for Sri Lanka, visited Colombo from November...

Read More
Kenya investigating how Uganda opposition figure was ‘abducted’

KENYA’S government has said it was investigating how a prominent Ugandan opposition leader was spirited out of Nairobi this week,...

Read More
Tributes flow in for British ex-deputy prime minister Prescott

FORMER British deputy prime minister John Prescott has been remembered in the House of Commons as a “titan” of British...

Read More