2005-11-08

China's Software Industry Soars in 2005

China's software industry soared in the first eight months of 2005, with its industry scale expanding and export volume surging.

During the first eight months, the industry generated 193.51 billion yuan (US$23.9 billion) in sales revenue, growing by 26.4% year on year, which was 5% lower than in July. Of the amount, 113.53 billion yuan (US$14 billion) came from the software production sector, growing by 17.9% year on year, which was 8.5% lower than the average of China's software industry, and accounting for 58.7% of the industry's total.

In terms of industrial structure, the proportion of software service grew. The industry generated 26.79 billion yuan from the software service sector, growing by 34.2% year on year and accounting for 13.9% of the industry's total, 0.9% higher than in the year-earlier period and 0.4% higher than in July. Its business revenue from the system integration sector was 53.18 billion yuan, growing by 44.6% year on year and accounting for 24% of the industry's total, down 3.4% from the 27.4% in the same period of 2004.

Supported by favorable policies, the export value of China's software industry in the period grew by 53.8% year on year, which was 24.1% higher than the average of China's electronics and information sector and 27.4% higher than the average growth of the industry's business revenue. All the growth rates of software export value in Shaanxi, Zhejiang, Jiangsu, Yunnan,
Shandong , Hebei and Sichuan exceeded 100 per cent in the first eight months of 2005, showing a strong growth momentum. The software export was concentrated on coastal areas in eastern China, with a total export value accounting for 84.9% of the total.

In the past eight months, there were three municipalities and provinces each with a software income exceeding 20 billion yuan. They are Beijing, 44.1 billion yuan, Guangdong, 34.2 billion yuan and, Shanghai, 23.7 billion yuan. The municipalities and provinces made up 102 billion yuan in total, accounting for 53% of the industry's total.

Source: China Daily

A New Warm Office for Xi'an Huatek

The last day of October, Xi'an Huatek moved into a totally new office which is located in the Xi'an Software Park, where many famous and influential IT enterprises of Xi'an National Hi-tech Industrial Development Zone assemble.

In Innovate Info Building, the whole 4th floor is for us. Here we have six meeting room, which can not only really help us to adjust and save our working time, but also make the telecommunication so convenient between Xi'an, Shanghai, and our clients. In order to provide us a quiet working environment, thoughtful Operation Team boxed of the whole office area with the soundproof glass wall, which though separates project teams by boxes, the atmosphere in whole Huatek is more harmonious and pleasing than ever.

All in all, company provides us a more spacious and more comfortable environment, which impresses us not only a harmonious office, and a warm home as well.

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