China software revenue up 11.2% year-on-year in Jan-May period: Chinese report

According to the Ministry of Industry and Information Technology, China's software and information technology services industry (hereinafter referred to as the software industry) performed well in the first five months of this year.
China's software business revenue in the January-May period increased 11.2% from the same period last year to 5.5788 trillion yen (about 112 trillion yen).
The growth rate of total software profits maintained a double-digit increase. During the same period, total software profits increased by 12.8% to 672.1 billion yen (approximately 13.5 trillion yen).
Exports also maintained a growth trend. During the same period, software exports increased 3.3% to $22.71 billion (approximately 3.3 trillion yen).
By business segment, software product revenues showed steady growth. During the same period, software product revenues increased by 9.8% to 1.2 trillion yen.
The revenue from the software industry was 47.8 billion former (approximately 25 trillion yen), accounting for 22.4% of the total revenue from all industries. Of this, operating system revenue increased by 10.0% and industrial software products increased by 7.0%.
Revenues from information technology services maintained double-digit growth. During the same period, revenues from information technology services increased by 12.0% to 3.8096 trillion yen (approximately 76.5 trillion yen).
0 billion yen), accounting for 68.3% of the total revenue of all industries. Of this, cloud computing and big data services accounted for 585.5 billion yen (about 11.8 trillion yen), and information technology services
In addition, revenue from integrated circuit design increased 15.2% to 151.6 billion yen (about 3 trillion yen), and revenue from electronic commerce (EC) platform technology services increased 7.8% to 151.6 billion yen (about 3 trillion yen).
In addition, revenue from information security products and services increased 8.4% to 78.7 billion yen (approximately 1.6 trillion yen), and embedded software
Software revenue increased 8.9% to 442.8 billion yen (approximately 8.9 trillion yen).