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Citi: China's Domestic Supportive Policy to Boost CN Semiconductor Suppliers' Mkt Shr
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2020/08/05 14:05
Citigroup mentioned in its report that Chinese State Council had yesterday circulated a notice on encouraging the high-quality development of integrated circuit and software industries, which outlined supportive policies for domestic firms ranging from taxation, financial support, encouragement of research and development, import and export to protection of patents.

The broker opined the policy will favour domestic semiconductor suppliers with faster market share gains.

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