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.