Beijing records US$120 million in software exports

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Last updated at: (Beijing Time) Wednesday, December 31, 2003

Beijing records US$120 million in software exports

Beijing exported a record 120 million US dollars of software this year, a rise of 28.8 percent from 2002, said the Beijing Software Industry Productivity Center on Wednesday.

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Beijing exported a record 120 million US dollars of software this year, a rise of 28.8 percent from 2002, said the Beijing Software Industry Productivity Center on Wednesday.

The city's annual software exports had exceeded 100 million dollars for the first time, said Jiang Guangzhi, director of the center.

The local software industry supplies overseas customers of Software and IBM companies, under agreements signed between local software makers and the two big-name companies.

Four software companies in Beijing this year won nearly 3 million dollars of orders from Software.

Japan remains the leading importer of software made in Beijing,taking 67 percent of exports this year.

Beijing will introduce new policies to boost software exports in 2004, including attracting more multinationals to set up research and development centers and regional headquarters in Beijing.

Beijing is home to more than 2,400 software enterprises, 500 ofwhich report more than 10 million yuan (1.2 million dollars) in annual sales.

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