China's Tax Policies Boost Software Industry Growth

[2012-07-05 14:14:50]

China's software industry grew slightly faster in the first five months of this year, boosted by government's preferential tax policies.

The industry's revenues rose 27.2 per cent year-on-year to 860.8 billion yuan $136.4 billion in the January-May period, the Ministry of Industry and Information Technology said in a statement.
Source: The Times of India