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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>21nenc16j3</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="http://picsrv.fora.pl/Boyz/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Thu 3:14, 03 Mar 2011<span class="gen"> </span> Post subject: Software Industry Discussed at Int'l IT Fair</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">The Minister of Commerce told an international IT fair in Dalian that the software industry reported exports worth US$2.8 billion in 2004, over eleven times 1999's level of US$250 million,<a href="http://www.orbto.com/business-process-outsourcing/localization-software/" target="_blank" class="postlink">outsourcing and globalization</a>, Shanghai Securities News reported yesterday. <br />Bo Xilai said total sales of China-made software grew from 44 billion yuan (US$5.32 billion) in 1999 to 220 billion yuan (US$26.6 billion) last year, an average annual growth rate of 38 percent, much higher than that of gross domestic product. <br />"The size of China's software market has exceeded 600 billion yuan (US$72.55 billion) over the past five years and will continue to grow over 30 percent annually by 2010," he predicted. <br />Bo was speaking at the 3rd China International Software & Information Service Fair that opened in the northeastern province of Liaoning on Thursday. <br />Lou Qinjian, vice minister of information industry, warned that domestic software producers, already on a fast track, still face the risk of derailment as problems for healthy growth remain. <br />Only 8.3 percent of electronics manufacturing revenue last year was generated by the software industry, which is still embryonic,<a href="http://www.orbto.com/offshore-outsourcing/printing-solutions/" target="_blank" class="postlink">Print solution outsourcing</a>, he said, and its sales volume was three percent of the world's total. <br />Constrained by a shortage of core technologies, Lou said it has few advantages in the face of fierce global competition and thus is stuck producing middle and downstream products with little profitability. <br />Piracy and a talent deficit add to the industry's problems, he said, "Without innovative talent able to tap high-end software products, the growth of the domestic software industry can hardly be sustained." <br />"To help the software industry beef up its innovation capability,<a href="http://www.orbto.com/offshore-outsourcing/printing-solutions/" target="_blank" class="postlink">Outsourcing Solution For Retail Goods</a>, a special mechanism encouraging research and development for public use and a much easier financing environment have to be established," Lou added. <br />Bo also called on domestic companies to learn from their global peers,<a href="http://www.orbto.com/software-outsourcing/" target="_blank" class="postlink">custom software development</a>, import advanced technology and management expertise and strengthen international cooperation. <br />More than 800 companies from the Chinese mainland, Hong Kong,<a href="http://www.orbto.com/" target="_blank" class="postlink">Offshore outsourcing</a>, Taiwan, Japan, South Korea, Malaysia, Singapore and India have brought electronic products, software, telecommunications, integrated circuits, information services, digital entertainment and other technologies and products to the four-day fair. <br />Activities include a ministerial summit on international IT cooperation, an annual meeting on software outsourcing, an international IT job fair and a symposium on IT personnel training.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="http://picsrv.fora.pl/Boyz/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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