Mmastodon TechnologySemiconductors first seen 6 h ago, last 52 min ago, peak #3

China pledges expanded 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 increase support for emerging pillar industries, with output projected to exceed 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, underscoring Beijing's push for technological self-reliance.

Why now: Beijing's state planning agency announced new industrial policy support, signalling continued state investment in semiconductors and strategic sectors.

NDRCChinasemiconductor 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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