User:Techfast50/sandbox/Integrated circuit design industry in China

(1)Abundant capital and technicians; (2)Hi-tech companies come in to the market to finance. (3)Set up science park and assist the manufactures to set up company and put into operation; (4)Exempt certain taxes to encourage the companies to enlarge their factory; (5)The employees are paid well and willing to work.

In order to advance the development of China's IC design industry, the State Council set up a national class area named Tianjin Binhai New Area and set up a hi-tech park here named Binhai Integrated Circuit Design Service Center (hereinafter referred to as BICDS) to advance the development of IC design industry. Take Taiwan IC design industry’s development as reference, BICDS provide the following free services for the companies in order to advance the development of mainland IC design industry. (1)Abundant capital; (2)Help the companies to set up factory, recruit employees and put into operation; (3)Help companies to sell the products; (4)Exempt certain taxes during a long period and supply all kinds of subsidies to help the company; (5)Other free services or consultancy services that companies may need.