China's software industry revenue grew by 11.2%

11:20 - 2.07.2025


July 2, Fineko/abc.az. Over Jan-May 2025, earnings of Chinese software companies amounted to ¥5.58 trillion ($778 billion), which is 11.2% more year-on-year.

ABC.AZ informs, referring to the Chinese Ministry of Industry & Informatization.

For the first 5 months of 2025, the total industry profit amounted to ¥672.1 billion ($94 billion), an increase of 12.8% compared to last year.

Revenue from information technology services reached ¥3.8 trillion ($532 billion), an increase of 12% compared to last year. This amount is two-thirds of the industry's revenue. Thanks to cloud computing and big data systems, the industry has earned ¥585.5 billion ($82 billion).