Ammon News - China's software and information technology sector sustained sound growth momentum in 2021, with revenue and profit maintaining steady expansion, official data showed on Tuesday.

There were more than 40,000 companies in the sector with an annual revenue of more than 5 million yuan (about $784,363) last year, according to the country’s Ministry of Industry and Information Technology (MIIT).

Those companies reported combined revenue of nearly 9.5 trillion yuan, up 17.7 percent year on year.

In 2021, China's software exports came in at $52.1 billion, up 8.8 percent year on year, MIIT data showed.