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Home >> Business
UPDATED: 10:51, July 28, 2004
China: Software industry of strategic priority
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Photo:Vice-Premier Wu Yi (centre) with Commerce Minister Bo Xilai (right) and Liaoning Governor Zhang Wenyue at the Ministerial Summit on International Co-operation in Software and Information Service in the Asia-Pacific Region in Dalian Tuesday, July 27.
Vice-Premier Wu Yi (centre) with Commerce Minister Bo Xilai (right) and Liaoning Governor Zhang Wenyue at the Ministerial Summit on International Co-operation in Software and Information Service in the Asia-Pacific Region in Dalian Tuesday, July 27.
Chinese Vice-Premier Wu Yi told the audience of her speech at the Ministerial Summit for International Cooperation on Asian-Pacific Software and Service in Dalian that China would give priority to its software industry of strategic significance.

Wu said in recent years the Chinese government has carried out an array of policies to boost the development and foreign trade of the software industry. More measures are under consideration or will be issued soon on the research and development of software technologies, property transaction, investment and financing channels, prop-up of giant pillar businesses, intellectual property rights protection (IPR) and anti-monopoly in the software sector.

In fact, the Chinese government has mapped out six measures to take the precious business opportunities at hand for the software industry, Wu said.

Firstly, China's software industry will fulfill the agenda set in the Guideline of Initiatives to Vitalize the Software Industry. In addition, a blueprint will be drafted for the mid-and long term development of the sector.

Secondly, the strategy of spurring trade with science and technology will be implemented further to facilitate the software export.

Thirdly, the commitment to foreign capital will be carried on. Foreign investment in software industry is warmly welcomed.

Fourthly, businesses should be motivated to innovate technologies. This cannot be achieved without talents. And great importance should be attached to intellectual property rights protection.

Fifthly, software companies with core competitiveness will absorb more support to grow up. More giants are expected in the industry.

Sixthly, reform and competition will press software businesses to improve their corporate governance and systematic innovation.

Wu Yi especially stressed the importance of intellectual property rights protection in the industry. She highlighted the fact that it is on the effective IPR that the enthusiasm of software developers and the boom of the software industry depend.

Wu reiterated China's commitment to the exchanges and cooperation with the country's Asian-Pacific partners on the information industry, especially the software segment. China, as an integral part of the Asian-Pacific economy, will draw on the successful experience of the nations in this region in software industry development, upgrade the partnership and contribute to the economic vision of the whole Asian-Pacific region.

Present at the meeting are Chinese Minister of Commerce Bo Xilai, ministers from Japan, South Korea, Malaysia and other countries. Representatives from the business circle are also there from home and abroad.

By People's Daily Online

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