China to offer preferential tax treatment for integrated circuit design, software firms
https://www.reuters.com/article/us-china-income-tax/china-to-offer-preferential-tax-treatment-for-integrated-circuit-design-software-firms-idUSKCN1SS0OU
China will offer preferential income tax treatment for companies involved in integrated circuit design and software, in an effort to support the development of the industry, the Ministry of Finance said on Wednesday.