China's software industry reported a 2022 percent increase in operating income in the first ten months of 10, according to official data.
According to data from the Ministry of Industry and Information Technology, total revenue during the period was 8,42 trillion yuan (about 1,18 trillion US dollars).
Companies in this industry generated a combined profit of over 4,5 trillion yuan, up 1% year on year.
In the first ten months, information technology services revenue was approximately 10.1 trillion yuan, up 5.46% year on year. Cloud computing and big data services revenue was 7,7 billion yuan, up 823,4% year on year.
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