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City in Sichuan Establishes IPO Incentives

Wcc Daily, 8/15/08

The city of Dujiangyan in Sichuan province, has introduced a new policy establishing an annual dedicated fund of no less than RMB 20 mln to support the development of the local software and IT service industries. Software enterprises which list domestically will receive RMB 1 mln as a one-time incentive; those which list abroad will receive RMB 2 mln. Individuals within the software industry will also be eligible for incentive rewards of varying amounts.

Keywords: Dujiangyan government initiative government support IPO Sichuan software

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