Mmastodon TechnologySemiconductors first seen 1 d ago, last 14 h ago, peak #3

China pledges boost for emerging pillar industries targeting 10 trillion yuan

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 increase support for emerging pillar industries, projecting output above 10 trillion yuan (about 1.4 trillion USD) by 2030, nearly double last year's figure. The announcement highlights strong semiconductor momentum: integrated circuit output reached 442.8 billion units in the first three quarters, up 23.3 per cent year on year.

Why now: Beijing is signalling continued state investment in strategic sectors amid ongoing technology competition with the US.

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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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