BEIJING, Jan. 29 (Chinese media) -- China's software industry reported a
29-percent revenue growth for 2008 from a year earlier, according to the
Ministry of Industry and Information Technology (MIIT).
Specifically, sales of software technology services and embedded software
products rose by 40 percent and 17 percent respectively.
An official with the MIIT said high-tech industries had developed fast and
steadily last year. The output of state-owned high-tech companies and private
ones each with an annual sales revenue of more than five million yuan (about
714,290 U.S. dollars) was up 14 percent from the previous year.
Production of high-end products such as the laptop and LCD TV also rose by
more than 20 percent.
The software sector generated 580 billion yuan in revenue in 2007, up 20.8
percent year-on-year.
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