Chip making is one of 10 key sectors in which Beijing hopes its domestic players will catch up with global leaders and become self-sufficient by 2025. Photo: AFP

China offers five-year tax breaks to chip makers, software developers to bolster industry as trade war stretches to tech

  • Semiconductor makers and software companies will be exempt from corporate taxes for two years and their taxes halved in the following three
Topic |   US-China trade war

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Chip making is one of 10 key sectors in which Beijing hopes its domestic players will catch up with global leaders and become self-sufficient by 2025. Photo: AFP
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