Greater China IT Services and Software_ MIIT Industrial IT Localization Policy and Xinchuang Rally
standard chartered·2024-09-26 16:38
M Update Greater China IT Services and Software | Asia Pacific September 22, 2024 08:09 PM GMT MIIT Industrial IT Localization Policy and Xinchuang Rally Greater China IT Services and Software Asia Pacific Industry View Cautious A-share software and IT sector boosted by IT localization theme recently. We recommend avoiding Xinchuang theme before financial contribution is more visible given poor track record. MIIT's new policy on industrial IT localization requiring 2mn sets of industrial software licenses a ...