Rumor: Yozosoft Wins RMB 6.5 Mln Government Funding


According to an internal document leaked on March 13, Wuxi-based office software developer Yozosoft has been chosen to receive RMB 3.46 mln in 2012 government funding as part of the Ministry of Industry and Information Technology's (MIIT's) initiative to promote development of core electronic components, high-end chips, and basic software products (the "Core, High, and Basic" initiative.) The funds being appropriated for Yozosoft will come from a total of RMB 34.65 mln earmarked for online integrated office software research and industrialization. 


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