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China’s software sector reports expansion

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China’s software and information technology service industry registered double-digit growth in revenue and profits in the first 11 months of the year, official data showed. Profits of the sector exceeded 1.3 trillion yuan (about 183.55 billion U.S. dollars) during the period, climbing 12.9 percent year on year, according to the Ministry of Industry and Information Technology. The combined revenue of this sector came in at 11.04 trillion yuan in the period, jumping 13.9 percent from the same period last year.—Xinhua

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