2005-10-25

In China's Software Industry, Shanghai Takes the Lead

Sun Jiarong, director of the Sci-Tech Development & Technology Trading Bureau of Shanghai Foreign Economic Relation & Trade Commission, revealed that Shanghai's software industry recorded RMB30.2 billion (US$3.72 billion) revenue last year, and its software export amounted to US$476 million, up 50% and 80% respectively over that of 2003. At present, Shanghai is obviously taking the leading role in China's software industry.

Sun said that with increasingly apparent trend of international division of labor in the software industry, China has witnessed rapid growth in its software outsourcing business in recent years. Its software export totaled US$2.6 billion last year, up 30% over a year earlier. In spite of speedy growth, China's software industry has not gained big percentage in the international market, which shows that software outsourcing should play a full role in boosting China's national economy.

According to Sun, the software industry plays an indispensable role in upgrading Shanghai's information industry. It is the core of the city's information industry and has a bearing on local economy and the process of social informatization. In an effort to build an international software outsourcing value center and enhance the international fame of its software industry, Shanghai will hold 2005 Shanghai Global IT Outsourcing Summit on Nov 10. The summit will probe deeply into some hotspot issues concerning the current situation and trend of international IT outsourcing, measures to promote development of software industry and application, and international IT exchange and cooperation.

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