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China's software sector maintains double-digit revenue growth
Updated: May 23, 2022 17:27 Xinhua

BEIJING — China's software and information technology sector sustained stable growth in the first four months of this year, with revenue from software-related business up 10.8 percent year-on-year, official data showed on May 23.

The sector's revenue amounted to 2.77 trillion yuan (about $415 billion) during the four-month period, according to the Ministry of Industry and Information Technology.

Companies in the sector raked in 278.5 billion yuan in combined profits in the period, down 1.4 percent year-on-year, shrinking from the 3.9 percent decline registered in the first quarter.

During the January-April period, China's software exports came in at $16 billion , up 3.6 percent year-on-year, the data showed. 

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