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Beijing exported a record US$120 million of software this year, a rise of 28.8 per cent from 2002, said the Beijing Software Industry Productivity Center on Wednesday.

The city's annual software exports had exceeded US$100 million for the first time, said Jiang Guangzhi, director of the center.

The local software industry supplies overseas customers of Software and IBM companies, under agreements signed between local software makers and the two big-name companies.

Four software companies in Beijing this year won nearly US$3 million of orders from Software.

Japan remains the leading importer of software made in Beijing, taking 67 per cent of exports this year.

Beijing will introduce new policies to boost software exports in 2004, including attracting more multinationals to set up research and development centers and regional headquarters in Beijing.

Beijing is home to more than 2,400 software enterprises, 500 of which report more than 10 million yuan (US$1.2 million) in annual sales.

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