China's software and IT services industry's business revenues growing steadily: Chinese report

In the first quarter of this year (January to March), China's software and information technology services industry (hereinafter referred to as the "software industry") performed well, with business income increasing steadily and total profits maintaining a double-digit increase.
Overall, software industry revenues rose 10.6% year-on-year to 3.1479 trillion yen in the first quarter, and total profits rose 11.6% to 372.6 billion yen.
The software industry exports increased from a decrease in value to an increase in value. Software business exports for the same period were $13.1 billion (about 1.9 trillion yen), a 2.4% increase from the previous period.
By industry, software product revenues showed stable growth. Software product sales for the same period increased 9.4% to 753.6 billion yen (approximately 15 trillion yen), the largest increase of all industries.
Of this, sales of industrial software products increased 7.1% to 67.1 billion former (approximately 1.3 trillion yen), while sales of basic software products increased 7.9% to 41.9 billion former (approximately 83.
0 billion yen. Information technology services revenues maintained double-digit growth. Information technology services sales increased 11.0% year-on-year to 2.82 trillion yen (approximately 41.2 trillion yen), and overall sales
Of this, sales of cloud computing and big data services increased 11.1% year on year to 354 billion yen (approximately 7 trillion yen), accounting for 17.0% of sales of information technology services.
Integrated circuit design increased 19.7% year on year to 90.6 billion formers (approximately 1.8 trillion yen), and electronic commerce (EC) platform technology services increased 8.4% year on year to 248.2 billion formers (approximately 5 trillion yen).
). In addition, the growth in revenue from information security accelerated. Sales of information security products and services increased 8.6% year-on-year to 48.1 billion yen (about 950 billion yen).
The growth rate of embedded systems software revenue declined slightly. During the same period, embedded systems software sales increased 10.5% to 264.2 billion yen.
The former figure was approximately 5.2 trillion yen.