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Beijing has shown strong determination to build itself into a microelectronics
industrial base with its recent announcement of an ambitious development
plan.
According to the plan, in the next few years, Beijing will set
up 20 large-scale chip production lines, about 250 integrated circuit
design companies and 20 chip encapsulation and testing companies.
Meanwhile, to guarantee necessary investment, the Beijing municipal
government is considering the establishment of a research and development
fund, which is expected to be jointly sponsored by the government,
state-owned enterprises, and relevant investing institutes.
Beijing is so far the largest research and development base of
electronics and telecommunication devices as well as the largest
consuming market of microelectronics products in China.
It now has two chip production lines and another three are currently
under construction.
In February this year, the Beijing municipal government unleashed
a series of preferential policies regarding land-use, credit loans
and taxes for the development of the microelectronics industry.
(People's Daily 05/21/2001)
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