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Microsoft's investment marks the latest in a series of moves to build its presence in China, which eventually could become the world's biggest software market. Microsoft entered the country in 1992 with a sales office, and six years later it opened a research lab in Beijing. In 2003, the company signed a memorandum of understanding with Beijing municipal authorities to work with local software providers to develop E-government systems. Microsoft also is working with a number of major Chinese companies, including Petro China and China United Telecommunications Corp., to help them build systems based on its software.