Software industry to get public fund support

09:01, January 13, 2011      

Email | Print | Subscribe | Comments | Forum 

China's State Council yesterday announced a series of measures to boost the development of the software and integrated circuit industries.

The government will earmark capital from the central budget to fund technological improvements and the upgrading of projects in qualified integrated circuit enterprises, according to a statement issued at the end of a State Council meeting, which was chaired by Premier Wen Jiabao.

Tax concessions for the two industries, such as preferential value-added tax rates for software products, and favorable corporate income tax and business tax rates for qualified companies will continue, the statement said.

Source: Shanghai Daily
  • Do you have anything to say?


Special Coverage
  • Focus On China
  • Shanghai World Expo 2010
Major headlines
Editor's Pick
  • Trade volume of E. China's Yiwu reaches 45.606 bln yuan
  • NBA: Clippers end Heat's win streaks
  • Wild giant pandas spotted again in Mian'ning, Sichuan
  • Memorial service for mass shooting victims held in Tucson
  • Death toll rises to 10 in central China hotel fire
  • Amazing scenery of frozen waterfall in E. China
Hot Forum Dicussion