The Shanghai Science and Technology Museum in Lingang. According to analysts, China can catch up with global leaders in EDA software development, and Shanghai is upping the ante through its free-trade zone in Lingang. Photo: Imaginechina

Shanghai free-trade zone identifies specialist software as area China can lead in, to offer US$4.3 million in cash subsidies to developers

  • Electronic design automation software is used for designing advanced integrated circuits that serve as brains of smartphones and aircraft, among other machines
  • Free-trade zone in Lingang will also award buyers of locally developed software up to 2 million yuan in cash annually
Topic |   Shanghai free-trade zone

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The Shanghai Science and Technology Museum in Lingang. According to analysts, China can catch up with global leaders in EDA software development, and Shanghai is upping the ante through its free-trade zone in Lingang. Photo: Imaginechina
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