China’s Ministry of Information Industry kicked off the start of the traditional New Year celebrations yesterday by predicting that the country’s sales of software and information system products this year would hit CNY210bn ($25.3bn).
This would represent a rise of 30% on the previous year’s figure of CNY260bn ($19.3bn). However, while impressive, the predicted growth rate is significantly under both the 45% rate seen in 2003 and the average rate of 36% seen between 2000 and 2003. Software exports in 2003 hit $1.8bn, four and a half times those of the previous year.
This article is based on material originally published by ComputerWire