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China's software industry maintains revenue growth in Jan-Sept
Updated: October 29, 2022 16:54 Xinhua

BEIJING — China's software sector reported steady growth in business revenues and profits in the first three quarters, official data showed.

In the Jan-Sept period, the sector's business revenues rose by 9.8 percent year-on-year to reach 7.48 trillion yuan (about $1.04 trillion), said the Ministry of Industry and Information Technology.

Firms in the sector raked in 793 billion yuan in combined profits, edging up 2.7 percent year-on-year, the data showed.

Exports of China's software services maintained growth momentum, as the year-on-year growth accelerated to 5.7 percent in the same period, 0.9 percentage points higher than that in the first eight months.

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