2022.09.27 11:57
Author:admin
On September 27, 2022, BESTAO is honored to help presenting the report on China’s industrial software analysis for our partner, the EU SME Centre, with a keynote speech. We are proud to announce out technical support in the writing of this report together with our partner, the SME Centre.
Industrial Software is at the heart of Industry 4.0 revolutionizing the way companies manufacture, develop, perfect, and distribute their products in an increasingly digitalizing economy. Underpinned by the Chinese government’s plans and supporting policies to upgrade the manufacturing capacity of the Chinese industry into a technology powerhouse, the industrial software market in China is booming, with the current market size exceeding RMB 200 billion and an annual growth rate over 15%.
While competition in this sector is getting tougher, technological solutions and knowhow of the European smart manufacturing and information management solutions providers continue to be sought after, making industrial software an attractive sector for European SMEs. In October, the EU SME Centre will publish a comprehensive report on Industrial Software, covering market access regulations, supporting policies as well as identifying opportunities and challenges in the market.
This training will provide an overview of the market and help European SMEs to understand the challenges and opportunities in the field of industrial software in China. It will also cover the market entry regulations and policies that determine the development of market. Participants will be able to learn from the experience and best practices of SMEs active in China's industrial software market.

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