The Ministry of Industry and Information Technology said in a report that China’s software sector generated RMB329.14 billion ($48.19 billion) in revenue in the first five months of 2009, up 23.3% year on year.
The report added that the growth rate was down 5.7% compared with the same period last year as a result of the financial crisis.
Sales of software products surged 24.2% to RMB115.22 billion, accounting for 35% of the total software industry revenue.
China View reported the income of software and technology services hit RMB65.93 billion, up 28.2%. Revenues of embedded system software hit RMB61.02 billion, up 20.9%.
The ministry said system integration income rose 20.9% to RMB77.38 billion, while revenues generated from integrated circuit design jumped 15.4% to RMB9.58 billion.