China's software and information technology service industry reported double-digit year-on-year growth in terms of revenue in the first eleven months of 2024, the Ministry of Industry and Information Technology said on Thursday.
Data show that from January to November, China's software business revenue reached 12.2903 trillion yuan (about 1.68 trillion U.S. dollars), a year-on-year increase of 10.7 percent.
The revenue from information technology services maintained double-digit growth, accounting for 67.3 percent of the total industry revenue. Among these, cloud computing and big data services generated a revenue of 1.2691 trillion yuan (about 173.86 billion U.S. dollars), marking a year-on-year increase of 10.5 percent.
In the eleven-month period, software business exports continued to improve, reaching 51.01 billion U.S. dollars, up 4.8 percent year on year.
China's software, IT service industry sees double-digit growth in revenue in Jan-Nov 2024
