Rapid revenue growth in the software industry in the first three quarters

| gov.cn

Revenue of industrial software products increased by nearly 20% compared with the same period last year

Rapid revenue growth in the software industry in the first three quarters

The reporter learned from the Ministry of Industry and Information Technology on the 13th that China's software and information technology services (hereinafter referred to as the software industry) maintained a steady development trend in the first three quarters of this year, with relatively rapid growth in business income and a slight recovery in the growth rate of total profits.

From the overall operation, in the first three quarters, China's software industry completed software business revenue of 5.1896 trillion yuan, an increase of 15.2% over the same period last year, an increase of 0.2 percentage points over the same period last year. Quarter by quarter, the first, second and third quarters of the industry software business revenue growth rate of 14.4%, 15.5%, 15.6%, showing a quarterly upward trend. At the same time, total profit growth picked up slightly. In the first three quarters, the total profit of the whole industry was 651.8 billion yuan, an increase of 10.8 percent over the same period last year, an increase of 0.9 percentage points over the first half of the year.

In the context of increasing downward pressure on the economy, why can the software industry continue to grow in the third quarter? Xu Yaqian, deputy director of the Software Research Department of the Institute of Informatization and Software Industry of the Sadie Research Institute, believes that from the current domestic and foreign environment, the new and old momentum is speeding up the transformation, and the new economy, represented by the digital economy, is becoming a new momentum. Create a good development environment for the development of software industry. In addition, with the promulgation, implementation and in-depth promotion of a series of industrial policies, the demand for software and information technology services applications in the industrial field has been released at an accelerated pace. Industrial software, especially APP, has become an important means to promote the deep integration of software industry and industrial business scenarios, and accelerate the development of software in the industrial field.

In terms of areas, the income of software products is developing steadily, and the growth of industrial software is rapid. In the first three quarters, revenue from software products reached 1.4643 trillion yuan, an increase of 14.4 percent over the same period last year, an increase of 1.9 percentage points over the same period last year, and 0.3 percentage points higher than in the first half of the year. Of this total, the income of industrial software products reached 127.7 billion yuan, an increase of 19.8 percent over the same period last year.

"from the perspective of the operation of the software industry in the previous three quarters, it is expected that the development of the software industry throughout the year will continue to improve steadily." Xu Yaqian analysis, it is expected that in the fourth quarter, industrial software and industrial APP will enter a period of accelerated development, information technology services revenue will continue to increase, e-commerce platform, big data, cloud platform and other revenue growth trend. (reporter Han Xin)

Rapid revenue growth in the software industry in the first three quarters

Rapid revenue growth in the software industry in the first three quarters

| gov.cn

Revenue of industrial software products increased by nearly 20% compared with the same period last year

Rapid revenue growth in the software industry in the first three quarters

The reporter learned from the Ministry of Industry and Information Technology on the 13th that China's software and information technology services (hereinafter referred to as the software industry) maintained a steady development trend in the first three quarters of this year, with relatively rapid growth in business income and a slight recovery in the growth rate of total profits.

From the overall operation, in the first three quarters, China's software industry completed software business revenue of 5.1896 trillion yuan, an increase of 15.2% over the same period last year, an increase of 0.2 percentage points over the same period last year. Quarter by quarter, the first, second and third quarters of the industry software business revenue growth rate of 14.4%, 15.5%, 15.6%, showing a quarterly upward trend. At the same time, total profit growth picked up slightly. In the first three quarters, the total profit of the whole industry was 651.8 billion yuan, an increase of 10.8 percent over the same period last year, an increase of 0.9 percentage points over the first half of the year.

In the context of increasing downward pressure on the economy, why can the software industry continue to grow in the third quarter? Xu Yaqian, deputy director of the Software Research Department of the Institute of Informatization and Software Industry of the Sadie Research Institute, believes that from the current domestic and foreign environment, the new and old momentum is speeding up the transformation, and the new economy, represented by the digital economy, is becoming a new momentum. Create a good development environment for the development of software industry. In addition, with the promulgation, implementation and in-depth promotion of a series of industrial policies, the demand for software and information technology services applications in the industrial field has been released at an accelerated pace. Industrial software, especially APP, has become an important means to promote the deep integration of software industry and industrial business scenarios, and accelerate the development of software in the industrial field.

In terms of areas, the income of software products is developing steadily, and the growth of industrial software is rapid. In the first three quarters, revenue from software products reached 1.4643 trillion yuan, an increase of 14.4 percent over the same period last year, an increase of 1.9 percentage points over the same period last year, and 0.3 percentage points higher than in the first half of the year. Of this total, the income of industrial software products reached 127.7 billion yuan, an increase of 19.8 percent over the same period last year.

"from the perspective of the operation of the software industry in the previous three quarters, it is expected that the development of the software industry throughout the year will continue to improve steadily." Xu Yaqian analysis, it is expected that in the fourth quarter, industrial software and industrial APP will enter a period of accelerated development, information technology services revenue will continue to increase, e-commerce platform, big data, cloud platform and other revenue growth trend. (reporter Han Xin)

Rapid revenue growth in the software industry in the first three quarters



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