Wednesday, 9 November 2011

The Annual Revenue Of The Software Industry Is Expected To Exceed 1.6 Trillion

By Jerrilily


It is recently learned that for the implementation of policies to support the software industry, the tax relief rules of the software products will be launched. The matching measures are expected to pilot in some local parts. The business tax of some software companies in Shanghai may be relieved. With the introduction of the supportive policies, the software industry will enter a phase of rapid development.

The analysts (http://www.metertestequipment.com/) of the industry said that the software industry is a typical new industry with continuous development relying on innovation, integration and re-innovation. With rapid development of the Internet of Things, the cloud computing, software engineering applications continue to expand and the size of the software industry is increasing. It is expected that the revenues of the software industry this year will exceed 1.6 trillion yuan.

The latest data of Ministry of Industry and Information Technology show that in the first three quarters of this year, the rapid development of China's software industry realized total revenue of about 1.3 trillion yuan, close to last year's level, an increase of 31.7%. It completed a total profit of 157.8 billion yuan, an increase of 22.1%.

It is understood, according to the requirements of the software and information technology services, the software industry's average annual growth rate during the twelfth-five year will reach 25%. By the end of 2015, the software revenue is expected to reach 4 trillion yuan. Software industry, as an emerging industry, its development has been clearly supported by the national policy.

In addition, the implementation details of the sales tax and income tax are expected to be rolled out. In this regard, the local matching is expected to pilot. Shanghai is exploring to relief he business tax rate and tax base of the software companies in a number of business areas.

According to the spirit of the policy is turning the focus to the software industry to cultivate the domestic software industry leader and service-oriented enterprises. In this regard, the analysts of the industry said that the industry should pay more attention to the integration trend of software and hardware, software and services, software and network.




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