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Taiwan Market

China software revenues estimated at over CNY8,161 billion in 2020

Sumary of China software revenues estimated at over CNY8,161 billion in 2020:

  • China’s software industry consisting of 40,308 companies generated revenues of CNY8,161.60 billion (US$1,182.47 billion) in 2020, growing 13.3% on year, according to the Ministry of Industry and Information Technology (MIIT)…
  • Exports of software products and services in 2020 totaled US$47.87 billion, accounting for 4.05% of the total revenues and slipping 2.4% on year…
  • The industry posted operating profit of CNY1,067.6 billion in 2020, increasing 7.8% on year…….

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