The income of the software industry at the end of the 12th Five-Year Plan will exceed 4 trillion yuan

The Ministry of Industry and Information Technology website disclosed on December 8th that the Ministry of Industry and Information Technology recently issued the “Twelfth Five-year Development Plan for the Software and Information Technology Service Industry”. The plan clearly defined the “12th Five-Year” development ideas and development goals, and identified 10 development priorities and 8 Major projects. According to industry estimates, by 2015, China's software industry revenue will exceed 4 trillion yuan, an average annual increase of more than 25%, and exports exceeded 60 billion US dollars.

Industry researchers believe that the issuance of the "12th Five-Year Plan" for the software and information technology services industry is of positive significance for promoting the rapid development of the domestic software industry. The plan will focus more on fostering leading enterprises. This will be beneficial to mainstream companies such as Neusoft and UF Software. Stronger.

The planning for fostering leading enterprises is proposed to cultivate leading enterprises and improve the core competitiveness of the industry. Further optimize the industrial development environment, improve the quality and level of industrial development, improve the industrial chain, and cultivate a group of leading companies with strength and influence.

At the same time, we will focus on national major special projects and electronic development funds to enhance our technological capabilities, support the R&D and industrialization of emerging technologies such as cloud computing, the Internet of Things, and the mobile Internet, and establish an efficient industrial innovation system that focuses on enterprises.

In addition, the plan also proposes to sort out key industries, determine the leading enterprises in each industry, aim at the same level of competition with world-class companies, accurately locate the gaps, and formulate targeted development goals. At the same time, comprehensive use of policies, plans, standards, funds, projects and other measures, all-round, multi-angle continue to support leading companies bigger and stronger. In addition, the local industry authorities should guide the merger and reorganization of leading enterprises, implement the strategy of large companies, brand strategy, intellectual property strategy, and standardization strategy, and cultivate dragon skull enterprises.

Researchers at Huabao Securities believe that from the 18th document in 2000 to the new document 18 at the beginning of this year, the government’s support and scope have been increasing. With the new No. 18 document, the high growth of the software industry is still expected. It will reconstruct the information service industry for 10 years. Against this backdrop, there will be dozens of companies with a business scale of more than 10 billion yuan and hundreds of billions of companies with a business scale of several billion yuan.

A number of support policies intensively introduced Vice Minister of Industry and Information Su Bo recently said in an open meeting that a new generation of information technology industry is spawning new economic growth points, and accelerating transformation and upgrading has become an urgent requirement for the development of the electronic information industry in the new era.

With the introduction of the "State Council policies on further encouraging the development of the software industry and the integrated circuit industry" (new No. 18) at the beginning of this year, it is expected that many software industry support rules will be introduced in an intensive manner.

After the “Notice of the State Council on Printing and Distributing Policies to Encourage the Development of the Software Industry and the Integrated Circuit Industry” (No. 18) was issued in 2000, there were altogether 110 supporting measures in various parts and regions, from fiscal tax, investment and financing, R&D, and development. Exports and other aspects provide policy support.

In October this year, the Ministry of Finance and the State Administration of Taxation issued the “Notice on Value-added Tax Policies for Software Products”. Sales of self-developed computer software products are levied at a statutory rate of 17%, and the actual tax burden exceeds 3%. That is, the refunded item is used for the research and development of software products and the expansion of reproduction. It is not regarded as the income taxable income of the enterprise income tax and is not subject to enterprise income tax.

Industry researchers estimated that this policy has a greater impact on high R&D investment, independent intellectual property rights, and large-scale software listed companies, with an average impact on net profit of around 5%, including companies such as Venusen, Guanglianda, and UFIDA. Will benefit directly.

Data from the Ministry of Industry and Information Technology shows that in the first 10 months of this year, China’s software industry realized business income of 1,477.0 billion yuan, up 32.9% year-on-year, 3 percentage points higher than the same period of last year, and the growth rate showed a monthly rising trend.

In addition, in the first 10 months, China's software industry achieved exports of US$23.9 billion, an increase of 17% year-on-year; software outsourcing services exported US$4.75 billion in October, an increase of 45% year-on-year.

From the perspective of subdivided industries, the pace of restructuring the software industry is also accelerating. Information technology consulting services, data processing and operation services achieved revenues of RMB 148.7 billion and RMB 236 billion, respectively, which represented a year-on-year growth rate of more than 40%. System integration services and IC design have slowed down, achieving revenues of 317.6 billion yuan and 46.8 billion yuan respectively, which are all lower than the levels of the same period of last year.