China's Software Industry Revenue Reaches 7.7 Trillion Yuan in H1 2026
China's Ministry of Industry and Information Technology (MIIT) has released its report on the software industry's performance for January to June 2026. During the first half of the year, the country's software business revenue reached 7.7182 trillion yuan, marking a 9.5% increase compared to the same period in the previous year. The total profit for the software industry during this period was 899.9 billion yuan, showing a modest growth of 1.0%. Software business exports also saw a significant rise, totaling $33.79 billion, an 11.4% increase year-on-year. Software product revenue demonstrated stable growth, contributing 1.6761 trillion yuan, which is 6.9% higher than the previous year and accounts for 21.7% of the industry's total revenue. Within software products, basic software revenue grew by 10.6% to 104.7 billion yuan, while industrial software product revenue increased by 8.2% to 154.7 billion yuan.
The reported growth in China's software sector, particularly in revenue and exports, indicates continued expansion driven by domestic demand and international markets. The robust performance of industrial and basic software segments suggests a strategic focus on foundational technologies and manufacturing digitalization. Looking ahead, the sector's trajectory will likely be influenced by global technological trends, geopolitical considerations impacting international trade, and domestic policy initiatives aimed at fostering innovation and self-sufficiency in critical software domains. Balancing rapid growth with the need for sustainable development, cybersecurity, and talent cultivation will be key challenges for the industry over the next decade.
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