China's software industry reported a 29-percent revenue growth for 2008 from a year earlier, according to the Ministry of Industry and Information Technology (MIIT).
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Specifically, sales of software technology services and embedded software products rose by 40 percent and 17 percent respectively.
An official with the MIIT said high-tech industries had developed fast and steadily last year. The output of state-owned high-tech companies and private ones each with an annual sales revenue of more than five million yuan ($714,290) was up 14 percent from the previous year.
Production of high-end products such as the laptop and LCD TV also rose by more than 20 percent.
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Source：INTERNATIONAL BUSINESS TIMES HONG KONG
© 2009 IBTimes Hong Kong. All Rights Reserved.
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