On March 1, at a press conference held by the State Council Information Office, Ministry of Industry and Information Technology spokesperson Tian Yulong said that there are several main measures for the high-quality development of the chip industry.

One is to increase tax cuts for enterprises.

For integrated circuit companies, the corporate income tax will be reduced or exempted from the profitable year.

The second is to further strengthen and upgrade the foundation.

Chips involve many basic issues, including materials, processes, and equipment, and involve a relatively long industrial chain.

Only by laying a solid foundation can the chip industry continue to innovate and develop.

In addition, the integrated circuit industry itself also needs a good ecological environment to build a platform that can complement and support each other in the industry chain.

Talents and greater cooperation are also needed.

(Producing Le Xiaomin)

Editor in charge: [Zhang Kaixin]