A set of new rules will be released by the China Securities Regulatory Commission and the Shenzhen Stock Exchange soon. Software industry China's software companies saw their combined revenue down 6. 2% to 1. 41 trillion yuan (US$200. 09 billion) in the first quarter of this year from one year ago. The net profit of these firms fell 13. 1% to 166. 7 billion yuan. The country's software sector was hit by the Covid-19 outbreak as software companies' revenue, profits, exports and workers' salaries decreased significantly in the first three months of this year, according to the Ministry of Industry and Information Technology. Technical services and tendering projects were suspended due to the epidemic. Household appliances Total retail sales of China's household appliances declined 35. 8% to 120. 4 billion yuan in the first quarter of this year from a year earlier, according to the China Electronic Information Industry Development Research Institute under the Ministry of Industry and Information Technology.
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