Integration and integration of IC companies should be market-oriented

On January 12, Premier Wen Jiabao chaired an executive meeting of the State Council and finalized six measures to further encourage the development of the software industry and the integrated circuit industry. The six measures include: strengthening investment and financing support, increasing support for research and development, implementation of tax incentives, personnel training and introduction, implementation of software and integrated circuit intellectual property protection system, and standardizing the market order.

As early as 2000, China introduced a number of policies to encourage the development of the software industry and the integrated circuit industry, which is known as the "18th document." By 2010, the “18 Document” has completed its historical mission. According to reporters, its alternative policy "New 18" will also be introduced in the first half of this year.

Wang Yanhui, deputy secretary-general of the China Software Industry Association Embedded Systems Subcommittee, said in an interview with CCID.com that the key to granting investment and financing support is also to tilt IPO from integrated circuits to IC companies, and to allow those companies with the conditions for a GEB. Listed as much as possible, use the capital market to expand financing channels, so as to obtain funding support. In addition, mergers and acquisitions should be allowed to face the market and become a market-oriented behavior, and the role of the government in it should be gradually weakened.

In addition, he also stated that China still lacks senior management cadres and needs to be further strengthened in IC personnel training. It is necessary to increase the talent pool and focus on the scientific management.