Software sector booms but still has miles to go

China's software sector is booming as it taps global firms looking to cut costs, but its small size and lack of experience mean it will be years before it threatens Indian rivals, such as Infosys.

For now, Chinese firms are attracting venture funding and expanding staff in an industry viewed as strategic for the country's future growth.

Analysts are bullish on the sector and say that scale, client lists and quality of management are the key factors that distinguish the players.