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Revenue of Jiaxing software, information technology service industry up 32.7% in Jan-July

chinadaily.com.cn| Updated : Sep 5, 2022

The revenue of Jiaxing's software and information technology service industry increased by 32.7 percent year-on-year from January to July, the highest growth rate in Zhejiang province, local media reported on Sept 4.

The growth rates of the software and information technology service industry in Haining city and Jiashan county were 289.1 percent and 198.8 percent, respectively.

Driven by a number of leading enterprises, from January to July the revenue of Luoxing sub-district's software and information service industry reached 940 million yuan ($135.78 million), a surge of 339.7 percent year-on-year.

Jiashan Litong Information and Technology Co Ltd in Luoxing street is an enterprise engaged in software and information services. Through the application of big data technologies such as data fusion and cloud computing, the company provides overall solutions for customers in smart markets, smart communities, smart factories and smart schools.

The company's business has expanded to more than 10 regions inside and outside the province, such as Huzhou, Quzhou, Zhengzhou and Yunnan, and has carried out intelligent security transformation for more than 300 communities across the country. From January to July, the company's revenue exceeded 200 million yuan, a year-on-year increase of more than 300 percent.

The core area of Luoxing sub-district's service industry cluster - China Guigu Jiashan Science Park – is home to 264 types of producer service enterprises. Software information service and technology service enterprises account for 43.6 percent of all the park's enterprises, and their revenue accounts for 75 percent of the park's total.