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Tax breaks to lend IT sector helping hand

Tax breaks to lend IT sector helping hand By CHENG YU | China Daily | Updated: 2020-12-19 07:41 Share CLOSE A cashier counts cash at a bank in Nantong, Jiangsu province. [Photo by Xu Jinbo/For China Daily] China s latest tax incentive policies for the integrated circuit industry will greatly boost the competitiveness of the nation s semiconductor sector and will fuel more investment and resources for technological breakthroughs, industry experts said on Friday. The new policy, launched by the Ministry of Finance and three other ministries, stated that qualifying IC companies or projects that have been in operation for more than 15 years and that make 28-nanometer or smaller advanced chips, will be exempt from corporate income taxes for up to 10 years.

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U S blacklists dozens of Chinese firms including SMIC, DJI : The Asahi Shimbun

Commerce Secretary Wilbur Ross testifies before a House Appropriations subcommittee on Capitol Hill in Washington on March 10. (AP file photo) WASHINGTON The United States added dozens of Chinese companies, including the country s top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a trade blacklist on Friday as U.S. President Donald Trump s administration ratchets up tensions with China in his final weeks in office. Reuters first reported the addition of SMIC and other companies earlier on Friday. The move is seen as the latest in Republican Trump s efforts to burnish his tough-on-China image as part of lengthy fight between Washington and Beijing over trade and numerous economic issues.

United statesHong kongSouth china seaBrunei generalWilliam reinschDonald trumpWang wenbinMike pompeoMichael mccaulWilbur rossWang yiUs commerce departmentAsia society onKuang chi groupHuawei technologies coSemiconductor manufacturing international corp

US blacklists dozens of Chinese companies including SMIC, DJI

US blacklists dozens of Chinese companies including SMIC, DJI
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

United statesHong kongSouth china seaBrunei generalWilliam reinschDonald trumpWang wenbinMike pompeoMichael mccaulWilbur rossWang yiUs commerce departmentAsia society onKuang chi groupHuawei technologies coSemiconductor manufacturing international corp

U S to Blacklist Dozens of China Firms, Including SMIC, Reuters Says: Video

U S to Blacklist Dozens of China Firms, Including SMIC, Reuters Says: Video
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Bruce einhornSemiconductor manufacturing international corpBlacklist dozensChina firmsSemiconductor manufacturing internationalகாயங்கள் ஏய்ன்ோர்ன்குறைக்கடத்தி உற்பத்தி சர்வதேச கார்ப்சீனா நிறுவனங்கள்குறைக்கடத்தி உற்பத்தி சர்வதேச

U S blacklists dozens of Chinese firms including SMIC, DJI

U.S. blacklists dozens of Chinese firms including SMIC, DJI Dec. 19, 2020 05:26 am JST Jan. 19 | 12:07 am JST WASHINGTON The requested article has expired, and is no longer available. Any related articles, and user comments are shown below. © Thomson Reuters 2020. ©2021 GPlusMedia Inc. Dec. 19, 2020 04:47 pm JST Since China is already invading the US, stealing data and even hacking through its telecommunication methods, and after realizing China s evil deeds, the US is imposing several sanctions alongside the EU. All countries should phase out imports from China slowly. Only then can China know that invading other nations will cost them heavily. ( +0 / -0 ) Facebook users Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.Facebook Connect

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