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        BIZCHINA / Top Biz News

        China's software industry overtakes India and South Korea
        (Chinanews.cn)
        Updated: 2006-05-31 11:22

        According to statistics released at the 28th International Conference on Software Engineering, as China's software industry has been developing rapidly in recent years, its software industry volume has increased from 59.3 billion yuan (US$7.41 billion) in 2000 to 390 billion yuan in 2005, and its global market share has risen to 3.55 percent, overtaking that of India and South Korea.


        A saleswoman demonstrates two new version of homegrown antivirus softwares in Beijing. China's software industry volume has increased from 59.3 billion yuan (US$7.41 billion) in 2000 to 390 billion yuan in 2005. [newsphoto]

        Beijing's media reported that China's share in international software market increased synchronously. The country's software export value was only US$400 million in 2000, but surged to US$3.59 billion in 2005.

        Industrial experts believed that increasingly close convergence of policies, production, education and research was the main reason of the high-speed development of China's software industry in recent years. At present, the group of professional software talents continues to grow with a volume of 380,000 talents a year.


        (For more biz stories, please visit Industry Updates)

         
         

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