According to data released by the Ministry of Industry and Information Technology of China on the 27th, from January to February 2023, China's software and information technology service industry (hereinafter referred to as the software industry) showed a stable and positive performance, with software business revenue maintaining double-digit growth, total profit growth accelerating, and software business exports steadily increasing.

Software revenue exceeded 1.4 trillion yuan in 2023

Data shows that from January to February, China's software business revenue reached 1446.1 billion yuan (RMB, the same below), an increase of 11% year-on-year; The total profit of the software industry was 176.9 billion yuan, a year-on-year increase of 12.2%; The export of software business reached 7.8 billion US dollars, a year-on-year increase of 1.1%. Among them, the export of software outsourcing services increased by 9.4% year-on-year.

In the software business, information technology service revenue has maintained double-digit growth. From January to February, the revenue from information technology services was 943.4 billion yuan, a year-on-year increase of 11.6%, accounting for 65.2% of the industry's total revenue. Among them, cloud computing and big data services achieved a total revenue of 176.1 billion yuan, a year-on-year increase of 13.3%, accounting for 18.7% of information technology service revenue; The revenue from information security products and services reached 30.1 billion yuan, a year-on-year increase of 14.2%; The revenue of embedded system software was 134.7 billion yuan, a year-on-year increase of 9.7%.

The data also shows that the software business revenue in central cities is steadily increasing. From January to February, 15 sub provincial central cities in China achieved software business revenue of 743.1 billion yuan, a year-on-year increase of 10.0%, accounting for 51.4% of the national software business revenue. Among them, the growth rate of software business revenue in Chengdu, Jinan, Guangzhou, Shenzhen, and Dalian exceeded the overall growth rate of the entire industry