New Market Research Report Added In MarketResearchReports.Biz Reports Database China Software Industry Report, 2013
Albany, NY -- (SBWIRE) -- 04/15/2013 -- In recent years, Chinese software industry has shown steady progression as a whole, with the industrial scale expanding continuously, and there is a stably growing number of industrial players. In 2012, the software revenue of China reached RMB2.5 trillion, presenting a year-on-year rise of 32.7%, but down six percentage points against the figure last year.
In 2012, software services and networks developed rapidly, resulting in significant growth in the revenue of data processing and operations services. From January to December, the revenue was RMB 428.5 billion, up 41.5% year on year; the proportion reached 17.1%, 0.9 percentage point higher than that in the same period of last year.
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With the stabilization of the manufacturing industry, the embedded system software has accelerated the development and achieved revenue of RMB 397.3 billion, up 31.2% year on year, 2.7 percentage points higher than the industry average. Promoted by favorable industrial policies, IC design achieved revenue of RMB 80.8 billion, up 25.5% year on year; the software product, system integration service and information technology consulting service grew steadily by 27.9%, 24.8% and 24.1% respectively.
The Ministry of Industry and Information Technology issued the 12th Five-Year Plan on the Development of Software and Information Technology Service Industry, making clear the development strategies and goals in the 12th five-year period, and specifying 10 development priorities and eight major projects. According to industry estimates, by 2015, China’s software industry revenue will exceed RMB 4 trillion, with an annual growth rate of more than 25%.
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In recent years, China’s Chinese patent medicine industry has been running in good condition, with the revenue increasing from RMB 142 billion in 2008 to RMB 360 billion in 2012 at a CAGR of 26.2%. Over the same period, the total profit maintained a CAGR of 26.6%, and the gross margin remained higher than the average level of the overall pharmaceutical industry.
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