Li Chao, the Deputy Director of the Policy Research Office at the National Development and Reform Commission, announced that China has consistently compiled a list of integrated circuit enterprises or projects, along with software enterprises, that qualify for preferential tax policies for six consecutive years. This initiative has yielded significant outcomes in cost reduction, fostering research and development, and stabilizing market expectations, thereby effectively propelling the growth of related industries. For example, by 2025, the sales revenue of China's integrated circuit industry is projected to surpass RMB 1.7 trillion, marking a year-on-year increase exceeding 19%. The compilation of the preferential list this year maintains consistency with previous years, encompassing three key dimensions: support orientation, scope of preferences, and intensity of preferences, all aimed at benefiting enterprises engaged in cutting-edge technologies. Within the integrated circuit sector, a diverse array of tax incentives is available, with enterprises or projects boasting different process line widths eligible for varying degrees of corporate income tax relief.