国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

China cuts tax rates for chipmakers

Source: Xinhua| 2018-03-30 18:48:32|Editor: Lu Hui
Video PlayerClose

BEIJING, March 30 (Xinhua) -- China announced plans to introduce tax exemptions and reductions for chip producers on Friday.

Businesses established after Jan. 1 to manufacture integrated circuits (ICs) with lines thinner than 130 nanometers (nm) will be exempted from the income tax for the first two years, according to a statement from the Ministry of Finance.

The tax rates will be 12.5 percent from the third year, half of the statutory level.

The exemption period will be five years if the IC lines are thinner than 65 nm or the investment totaled more than 15 billion yuan (2.39 billion U.S. dollars).

Businesses established before 2018 producing 0.25- and 0.8-micron chips can also enjoy similar favorable policies after they make profits, according to the statement.

The tax breaks came as the country's latest effort to stimulate the manufacturing of high-performance ICs, which has been dubbed an emerging sector of strategic importance.

A robust IC sector will facilitate technological and industrial revolutions and help foster new economic growth engines, analysts said. The sector maintained a 20-percent annual growth rate during the past five years.

Miao Wei, minister of industry and information technology, has said China will provide more opportunities for foreign companies to invest in IC and other manufacturing sectors.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011102351370775641
主站蜘蛛池模板: 泗洪县| 璧山县| 綦江县| 阳高县| 江阴市| 龙岩市| 二连浩特市| 雅安市| 库伦旗| 渝北区| 肇州县| 琼结县| 都兰县| 汨罗市| 阿拉善左旗| 德安县| 永川市| 姚安县| 福海县| 鸡泽县| 绥棱县| 泌阳县| 六枝特区| 祁门县| 浦城县| 应用必备| 永登县| 景谷| 襄汾县| 葫芦岛市| 石河子市| 屏山县| 东乌珠穆沁旗| 句容市| SHOW| 华容县| 定结县| 郓城县| 图木舒克市| 万安县| 德令哈市|