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  • THE ECONOMIC OBSERVER
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    State Council Announces Measures to Support Software Companies

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    The State Council issued a series of policies aimed at encouraging the development of the local software and integrated circuit industries. While software companies will be given preferential treatment in relation to value-added tax policy, companies that manufacture integrated circuits that reach certain technological standards, will be exempted from paying company income tax for five years.

     

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    Wall Street Journal (Chinese)

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