Two Cities Recognized as Renowned Software City by the MIIT
The Ministry of Industry and Information Technology have recognized Guangzhou and Shenzhen as Renowned Software City last Saturday at the China Hi-Tech Fair. According to Guangdong’s Vice Governor Liu Zhigeng said that the total output of the software industry of the two cities is more than 90 percent of the provincial total.
The software industry is one of the pillar industries in Shenzhen and by 2015 it will be generating revenue of around 450 billion yuan. in 2011 the software industry in Shenzhen have generated 189 billion yuan in revenues which is 30 times the revenue from 20 years ago. There are 185 software companies in Shenzhen and these companies have a yearly output of more than 100 million yuan
To Renowned Software City program was launched in 2008 by the Ministry of Industry and Information Technology to help boost software development in China.