The Ministry of Industry and Information Technology releases positive signals for the integrated circuit industry

From the central to local levels, favorable policies for chips are constantly being introduced around the advantages and disadvantages of the integrated circuit industry. In the future, with strong policy support, the talent effect of integrated circuits will continue to be released, and integrated circuit enterprises are expected to continue to grow and strengthen. China's integrated circuit industry is expected to move towards a higher level.

At the press conference held by the State Council Information Office on February 28th, the Ministry of Industry and Information Technology released a positive signal for the integrated circuit industry: it will continue to provide a favorable policy and market environment, and welcomes the global integrated circuit industry to increase investment in China.

Tian Yulong, Chief Engineer and Spokesperson of the Ministry of Industry and Information Technology: We continue to welcome the global integrated circuit industry to increase investment in China, carry out various forms of cooperation, and jointly contribute to stabilizing the global integrated circuit industry chain and supply chain. We must also continue to provide good policies and market environment for domestic and foreign integrated circuit enterprises, treat all types of market entities equally, and give equal treatment to domestic and foreign investors in accordance with the law, especially strengthening intellectual property protection, jointly promoting the innovative development of the integrated circuit industry, and maintaining the stability of the global integrated circuit industry chain and supply chain.

China is the world's largest and fastest-growing integrated circuit market, as well as an important producer and provider of integrated circuits. Behind the rapid development of the integrated circuit industry, it cannot be separated from the guidance of the national top-level strategy and the strong support of supporting policies.