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Leading segments of software products in China in 2021, based on revenue (in billion yuan)

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Source

Release date

November 2022

Region

China

Survey time period

2021

Supplementary notes

Values have been rounded.

One yuan equals 0.14 U.S. dollars and 0.12 euros (as of July 2023).

Citation formats

Revenue of leading software product segments in China 2021

Published by
Christy Tila,
Jul 28, 2023
In 2021, companies in the IT service segment spent over *** billion yuan on research and development in China. According to the Chinese government's plans tech-companies were able to receive tax benefits for R&D expenditures to support its domestic tech industry. However, in recent years, Beijing wanted to shift the focus away from the broad tech sector towards designated high-tech industries by tightening the requirements for companies to qualify for "key software enterprises".
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