Support for software and circuits

The State Council unveiled a series of policies last week to further stimulate growth in the software industry following a first batch issued in 2000.
The new policies cover taxes, financing, research, foreign trade, human resources, intellectual property and marketing.
Industrial software and high-end chips, as well as materials, systems and technologies used in integrated circuits, are expected to benefit most from the policies, analysts said.
The policies also encourage exports of software, circuits and information services.
As major Chinese companies involved in circuits and testing focus on overseas markets, the new policies are seen as a boost for their expansion abroad.
Source:China Daily