China's software and information technology services sector grew by double digits in revenue and profit in the first four months of the year, according to data from the Ministry of Industry and Information Technology.
According to the data, the industry's profit increased by 13,8 percent year on year to 367,4 billion yuan (about $51,77 billion), while revenue increased by 12,8 percent year on year to 3,32 trillion yuan, according to the data.
Revenue from software products during this period amounted to 11,1 billion yuan, up 818,3 percent year on year. Revenue from industrial software products rose 15,1 percent year on year to 81,48 billion yuan, according to the data. The data showed cloud computing and big data services revenue grew 16,3 percent year-on-year, and e-commerce platform technical services revenue grew 4,1 percent.