China’s software industry saw profit grew at faster pace in first half, revenue growth slowed slightly 
China’s software industry saw profit grew at faster pace in first half, revenue growth slowed slightly 

China’s software industry saw profit grew at faster pace in first half, revenue growth slowed slightly 

 

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China’s software industry’s revenue reached 6.46 trillion yuan in the first seven months of the year, an increase of 13.6% from a year earlier, compared to 14.2% growth in the first half of 2023, according to the Ministry of Industry and Information Technology. 

The industry’s profit reached 737.4 billion yuan, rising by 13.4% from a year earlier, picking p from the 10.4% growth for the first half, it said. 

Exports of software business reached $28.05 billion in the 7-month period, falling by 3.3% from a year earlier, compared to 2% drop in the first half, showed the data.