Mmastodon TechnologySemiconductors first seen 5 h ago, last 57 min ago, peak #3

China pledges bigger support for emerging pillar industries

Original: China's NDRC says it will increase support for emerging pillar industries, with output projected to exceed 10 trillion y

China's National Development and Reform Commission says it will step up support for emerging pillar industries, projecting output above 10 trillion yuan (about 1.4 trillion US dollars) by 2030, nearly double last year's level. Integrated circuit output reached 442.8 billion units in the first three quarters of the year, up 23.3 per cent.

Why now: Beijing is signalling intensified state backing for strategic sectors like semiconductors amid ongoing tech competition

ChinaNDRCintegrated circuit industry

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• China's NDRC says it will increase support for emerging pillar industries, with output projected to exceed 10 trillion yuan (1.4T USD) by 2030, almost double last year's figure. Integrated circuit output reached 442.8 billion units in the first three quarters, up 23.3 per cent… · china@universeodon.com · 1

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