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China Announces Measures to Boost Software, Integrated Circuit Industries

China's Ministry of Commerce reports that on January 12, 2011, China's State Council announced a series of measures to boost the development of the software and integrated circuit industries.The measures include capital from the central budget to fund technological improvements…

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and the upgrading of projects in qualified integrated circuit enterprises, more support to encouraging research and development, importing foreign talent, continuing tax concessions, etc.