China's software industry consisting of 39,837 companies generated total sales of CNY3,389.275 billion (US$524.6 billion) for January-May 2021, increasing 22.6% on year, according to Ministry of Industry and Information Technology (MIIT).
Exports during the period reached US$19.1 billion, taking up 3.64% of the total sales and growing 10.1% on year.
These software companies generated 5-month net profit of CNY383.553 billion in total, rising 18.3% on year.
China software sales by category, Jan-May 2021 (CNYb) | ||
Category of product | Sales | Y/Y |
Software product | 914.239 | 21.8% |
IT technical service | 2,131.405 | 24.0% |
Information security | 51.498 | 27.6% |
Software used in embedded systems | 292.133 | 14.4% |
Source: MIIT, compiled by Digitimes, July 2021