Beijing Business Today, 2/11/09
The Ministry of Industry and Information Technology (MIIT) has released statistics showing China's domestic software industry recorded total revenue of approximately RMB 757.3 bln in 2008, up 29.8% year-on-year, with a growth rate 8.3 percentage points higher than last year. Software products continued to account for a large portion of total industry revenue, making up 41.8% of total revenue, or approximately RMB 316.6 bln, up 32% year-on-year.
Eastern areas of China accounted for 84.4% of the industry's total revenue last year, or over RMB 638.9 bln, a rise of 29.5% year-on-year. Western areas of the country recorded revenue of RMB 65.97 bln, a rise of 32.6% year-on-year.