nftfreetoplaytoearn|China's software, IT service industry sees double-digit growth in revenue, profits
BEIJINGnftfreetoplaytoearn, June 29 (Xinhua) -- China's software and information technology service industry reported double-digit year-on-year growth in terms of both revenue and profits in the first five months of 2024nftfreetoplaytoearn, official data showed.
Total profits of the sector jumped by 16.3 percent year on year to 575.6 billion yuan (about 80.77 billion U.S. dollars) during this period, while combined revenue rose by 11.6 percent to 4.93 trillion yuan, according to the Ministry of Industry and Information Technology.
Total revenue of the information technology service sub-sector increased by 12.9 percent year on year to around 3.33 trillion yuan, accounting for 67.5 percent of the industry's total revenue.
Specifically, combined revenue of cloud computing and big data services surged by 13 percent compared with the same period in 2023, reaching 514.3 billion yuan.
The data also revealed that revenues from software products as well as information security products and services had increased by 9.2 percent and 8.5 percent, respectively, year on year.■
Tags:
Recommendations
- crashteamracingnitrofueledyuzu|Sudan dam collapse leaves at least 60 dead, hundreds missing
- onlinecasinowithfreesignupbonusrealmoney|Jordan launches initiative to support amputees in Gaza
- reelpennbattle35000|Feature: Bringing centuries-old tea experience to modern Taipei
- othercryptogames|Across China: Guarding greenery on northeast China's Changbai Mountain
- playslotsforrealmoneynodeposit|Villagers dry agricultural products in county of Yichun, E China
- casinoswithfreeplayfornewmembers|China's Gansu launches support policies for signature beef noodles industry
- firstpersonroulette|Aerial view of Harbin, China's "Ice City"
- pennpursuitthree|Across China: Wetland tourism heats up in China's "ice city"
- crashland|Explainer: China pilots housing pension system to enhance people's living quality
- xplaybetcasinonodepositbonus|Senior CPC official meets Cambodian deputy PM