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China software industry fourth globally; still a long way to go

[photopress:it_lou_quinjan.jpg,full,alignright]China’s annual output value topped RMB 583.4 billion ($84.5 billion) in 2007, making it the world’s fourth largest software producer.

Fourth in the world sounds like a very strong position but the general view is there is still a long way to go.

Lou Qinjian, Industry and Information Technology vice minister and seen in our illustration, said at the International Software China 2008 show that the Chinese software industry had started from scratch since the country began its reform and opening-up three decades ago. It had grown into a fundamental industry with strategic importance to the country.

The country’s share of the global software industry rose from 1.2% in 2000 to 8.7 percent in 2007, with an annual growth rate of more than 30%.

Cao Jianlin, Science and Technology vice minister, said the country should make an even bigger effort in innovation and personnel training to sustain the industry’s long-term healthy development.

The International Software China 2008 was held in Beijing and focused on industrial policy planning, industrial standards, software technologies and development, investment and financing and enterprise personnel recruiting.
Source: Window of China

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