TECH China releases development plan for software sector

TECH

China releases development plan for software sector

Xinhua

19:06, November 30, 2021

BEIJING, Nov. 30 (Xinhua) -- China on Tuesday unveiled a development plan for the software and information technology services sector during the 14th Five-Year Plan period (2021-2025).

Visitors learn about a smart city governance system during the China International Big Data Industry Expo 2021 in Guiyang, southwest China's Guizhou Province, May 26, 2021. (Xinhua/Tao Liang)

The country aims to develop more than 1 million industrial applications by 2025, and foster a competitive edge in software for key industries such as finance and construction, the Ministry of Industry and Information Technology said.

The plan also details measures to support companies in the sector, with the goal of cultivating more than 100 companies with operating revenues exceeding 10 billion yuan (1.57 billion U.S. dollars) by 2025.

The country will also build open source communities with international influence and improve the pricing mechanism for software, the plan says.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue