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MIIT: China's Total Number of Large-scale Software Enterprises Reaches 37,776 in 2018

MIIT, 2/01/19

As of the end of 2018, mainland China had 37,776 large-scale software enterprises, reports China's Ministry of Industry and Information Technology (MIIT). Read More

Baidu, Shenzhen Expressway Partner on Smart Highway Design and Operations

Sina Tech, 6/01/18

Chinese internet conglomerate Baidu (Nasdaq: BIDU) and toll highway construction, operation, and management firm Shenzhen Expressway (600548.SH) recently formed a partnership agreement centered on smart transportation, smart environmental protection, and information service upgrades. Read More

CITIC Guoan to Invest USD 20 Mln in American VR Broadcaster NextVR

CITIC Guoan Group, 7/01/16

CITIC Guoan Information Industry (000839.SZ), a subsidiary of CITIC Guoan Group, recently announced that it will invest USD 20 mln in cash through its Shanghai-based subsidiary Muyun Information Technology Investment to subscribe for 3,947,031 Class B Preferred shares of US-based virtual reality live streaming company NextVR, which will give CITIC a 2.27% stake. Read More

Hydropower Equipment Firm Takes 38% Share in 2345.com

Shenzhen Stock Exchange, 8/12/13

Zhejiang-based hydropower equipment manufacturer Fuchunjiang Hydropower Equipment (002266.SZ) has announced that it will purchase a 38% stake in Shanghai Er San Si Wu Network Technology ("2345"), operator of online web directory 2345.com, along with a number of other 2345-branded web products. Read More

China's Jan-Jun 2013 Software Revenues Up 25% YoY

MIIT, 7/29/13

China's Ministry of Industry and Information Technology (MIIT) has released statistics regarding the software industry for January to June 2013, with total national software industry revenue up 25.5% YoY to reach RMB 1.39 trln. Read More

Rumor: China to Announce 50 More 'Smart City' Trial Sites

National Business Daily, 6/18/13

China will complete initial review of a second batch of "smart city" trial sites in late June, and will release a list of roughly 50 new cities in the second half of 2013, an industry source said. Read More

China's Jan-Apr 2013 Software Revenues Up 25% YoY

MIIT, 5/28/13

China's Ministry of Industry and Information Technology (MIIT) has released statistics regarding the software industry for January to April 2013, with total national software industry revenue up 25.2% YoY to reach RMB 858.9 bln. Read More

China's Jan-Mar 2013 Software Revenues Up 25% YoY

MIIT, 4/27/13

China's Ministry of Industry and Information Technology (MIIT) has released statistics regarding the software industry for January to March 2013, with total national software industry revenue up 24.7% YoY to reach RMB 618.9 bln. Read More

Ministry of Finance Penalizes Digital China for Falsified Tender

Sina Tech, 2/06/13

China's Ministry of Finance (MoF) has handed down fines to IT products distributor and IT services and systems integration provider Digital China Holdings (0861.HK). Read More

China's Jan-Nov 2012 Software Revenues Up 27% YoY

MIIT, 12/28/12

China's Ministry of Industry and Information Technology (MIIT) has released statistics regarding the software industry for January to November 2012, with total national software industry revenue up 27.3% YoY to reach RMB 2.190 trln. Read More