Sign in Subscribe
Software industry

Nanjing Attracts 202 Software Projects with $710 Million Investment

Strategic Insights

— 1 min read

The Second China (Nanjing) Software Fair, held in Nanjing from September 1-3, has successfully attracted 202 software projects to the city, with a combined investment of 5.69 billion yuan ($710 million). This achievement reflects the rapid growth of the software industry in Nanjing, which has exceeded 10 billion yuan in industrial scale by 2004, maintaining a growth rate of over 50% for five consecutive years. The fair showcased the potential of Nanjing's software industry, with the city government planning to reach sales revenue of 60-80 billion yuan by 2010.

Key Takeaways:

  • 202 software projects were attracted to Nanjing with a combined investment of 5.69 billion yuan ($710 million).
  • The Second China (Nanjing) Software Fair was held in Nanjing from September 1-3, attracting exhibitors from 296 countries, including Microsoft, IBM, Lucent, Motorola, Ericsson, and Fujitsu.
  • Contracts for 48 key projects were signed, including 29 R&D center and software projects, six software personnel training projects, 10 high-tech risk investment projects, and three other projects.
  • Software industry parks were promoted with business projects valued at 45.3 billion yuan and a planned area of about 15 million square meters.
  • Nanjing's software industry has maintained a growth rate of over 50% for five consecutive years, exceeding 10 billion yuan in industrial scale by 2004.
  • The city government plans to reach sales revenue of 60-80 billion yuan by 2010.

Statistics:

  • 202 software projects attracted to Nanjing.
  • Combined investment: 5.69 billion yuan ($710 million).
  • Number of key projects signed: 48.
  • Contracts signed by industry:

+ R&D center and software projects: 29.

+ Software personnel training projects: 6.

+ High-tech risk investment projects: 10.

+ Other projects: 3.

  • Total investment in software industry parks: 45.3 billion yuan.
  • Planned area of software industry parks: about 15 million square meters.
  • Growth rate of Nanjing's software industry: over 50% for five consecutive years.
  • Industrial scale of Nanjing's software industry in 2004: over 10 billion yuan.

Sources:

  • Asia Pulse: "Nanjing Attracts 202 Software Projects with $710 Million Investment"
  • XIC: "Nanjing's Software Industry Exceeds 10 Billion Yuan, Seeks 60-80 Billion Yuan by 2010"

Read more