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China aims to develop 10b-yuan software firms

Updated: 2010-12-14 09:56

(Agencies)

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China plans to have more than 10 software companies each with annual sales exceeding 10 billion yuan ($1.5 billion) over the next five years, the Bloomberg News reported Tuesday, citing report on Shanghai Securities News.

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The government will not change its policy for supporting the industry, the report cited Zhao Xiaofan, vice-chairman of the China Software Industry Association, as saying.

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