Released on = November 25, 2006, 2:18 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = China is nurturing the dream of becoming a giant in software
exports. It will be worth watching how China will fulfill its dream.

Press Release Body = China, in a bid to become an active member of services and
innovation sector, is rolling out plans to augment its export of software to US$
12.5 Billion by the year 2010.

As per the official document released by Ministry of Commerce, SAT (State
Administration of Taxation) and seven other central authorities, the software export
will have to record an annual growth of 25% to attain this goal.

Chinese government's target is to promote a set of globally emulous software
enterprises with its own Intellectual Property Rights (IPRs) and brands. Software
enterprises will get favorable treatment in respect of borrowing, foreign exchange
controls and taxation, among other zones.

As per the statistics from Ministry of Commerce, in 2005, China made an export of
US$ 3.6 Billion in software and its related sectors, a hike of 28% on YOY basis.

In the views of Research Analyst at RNCOS, who has recently researched a report on
"Opportunities in Chinese Software Industry (2007)", software export is hot favorite
of the Chinese software industry. The export of software products and services
related to it in 2005 were mainly propelled by the software business provided by
Japan. China exports more than 60% of its software products to Japan due to the fact
that a significant number of Chinese people know Japanese language. So they can
easily develop software programs for Japan. Japan is anticipated to be the largest
market for software exports for China for the predicted period. It is despite the
fact that exports to Europe and America have also begun to gain momentum in the past
two years. So, it is the perfect time for China to take its software business beyond
boundaries.

The research report on "Opportunities in Chinese Software Industry (2007)" also
addresses the issues and facts that are critical to your success, like:

- Factors driving growth and change in the market
- An insight into market trends
- China's position in software outsourcing industry
- Government policies and initiatives for development
- Piracy rate in last few years
- Competitive environment and market leaders
- Opportunities, key Challenges and Strategies
- Future outlook of the software market

The report rationally analyses the existing trends of development in the Chinese
software industry. It identifies the problems encountered by software industries and
examines the responsible factors.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

For more information visit: http://www.rncos.com/Report/IM087.htm

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