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Innovation drives China software exports up 55% in January-April

[photopress:IT_Microsoft_demo_zone_1.jpg,full,alignright]The Ministry of Industry and Information Technology reports China’s software exports surged in the first four months of this year, due largely to technological innovation.

Between January and April, exports totaled $3.27 billion, up 54.9% year-on-year.

Software exports grew from $720 million in 2001 to $10.24 billion in 2007.

The ministry said the sector’s income was RMB583.4 billion ($82 billion) in 2007, up 630% from 2001. Chinese software accounted for 8.7% of the global industry last year, up from 1.5% in 2001.

According to the ministry, the software sector’s revenue was RMB193.55 in the January-April period, up 31.2%.

In a very real sense this is the most amazing news about Chinese exports that has been published in these pages.

Software is typically written in code but that code is most often based on English. And the slightest slip means matters go very askew.

So the Chinese coders are working in, as it were, a double foreign language, and still have managed to get a substantial part of the world market. The mind boggles. The illustration is part of a demonstration being given by Microsoft.
Source: Jongo News

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