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China Software Industry

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on Monday, 13 December 2010
in Business in China

China's software industry has seen a rapid growth this year. According to figures from January to August 2010 revenue went up by 29,8% to CNY828.6 billion. The growth rate was 8.8 percentage points higher than in the same period last year. The industry will likely to grow much higher coming years and therefore remain a highly interesting industry for foreign companies trying to penetrate into the Chinese market.

Revenue by region and sector

By region, 87.5% of the revenue was earned in the eastern areas of China, among which includes Shanghai, Guangdong and Shenzhen.

The western areas, including Guangxi and Xinjiang, were responsible for 7.7% of China's software revenue and only 4.8% of the revenue was earned in the middle areas of china, including Henan, Hubei and Hunan.