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Shanghai's software grows against the trend

Donghua University

        Donghua University

Despite the global financial crisis, Shanghai’s  software industry grew 25.1% in the first nine months of this year.

The government is strongly backing the software industry. Shanghai will adopt locally designed software in its Metro systems and Chinese-designed aircraft and aims to encourage the software industry’s development in the current tough environment.

The Shanghai Municipal Economy and Informatization Commission said that, in the first three quarters, the revenue for the local software industry was RMB73.88 billion ($10.82 billion), a 25.1% growth year-on-year,

Software enterprises, academic institutions and related industry clients have established an alliance in Shanghai to boost home-grown software. The alliance consists of 20 organizations, including China Standard Software  and Donghua University.

The commission said Shanghai’s Metro system has adopted locally designed software at a third of the cost of the previous system.
Source: Shanghai Daily

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