China's software industry grew at a moderate 10.6 percent in the first half of this year compared to the robust 35.2 percent last year due to the economic slowdown both at home and abroad, the government said.
The software sector's combined profits totaled 117 billion yuan (18.48 billion US dollars) in the first half, up 10.6 percent from one year earlier, but the pace of growth slowed from 35.2 percent surge in the same period last year, the Ministry of Industry and Information Technology said.
Java Training CoursesBusiness revenue climbed 26.2 percent year on year to 1.1 trillion yuan in the January-June period, down 3.1 percentage points than the growth in the same period last year, the state-run Xinhua news agency reported.
Industry TrendsIn the first six months, the software sector's exports rose 11.7 percent to 16.24 billion US dollars, 6 percentage points lower from the same period last year.Analysts attributed the industry's slower growth to intensifying competition and weak external demand due to global economic slowdown.
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