British media said that in recent times, semiconductors, chips have become the focus of the Chinese people. Many see chip development as a major core technology that can upgrade China’s industry and technology. According to BBC Chinese reported on December 21st, many people hope that Chinese chip companies can take the opportunity to achieve “bend overtaking” to catch up with the world’s advanced level. Sources say there are nearly 2,000 chip design-related companies in China.
Core Tip: Reported that many people hope that Chinese chip companies can take the opportunity to achieve “bend overtaking” to catch up with the world’s advanced level. Sources say there are nearly 2,000 chip design-related companies in China.
Now, Chinese high-tech companies have stepped up demand for domestic supplies, bringing $300 billion ($1) in investment opportunities to the country’s chip industry, the report said, citing Bloomberg sources.
Some scholars believe that China is now investing heavily in chips, but it is still in its infancy.
Reported that in the past decade or so, China’s annual import shipping value, high-tech core technology autonomy of strategic importance and economic rationality highlighted.
China’s chip companies can get preferential tax breaks from the government, the report said. The Chinese government has announced a tax reduction of 2-5 years for domestic chip companies based on their technical difficulties and investment scale. These preferential policies basically include the production of high-end low-end chips.
The OECD reported on December 12th that the world’s 21 largest semiconductor companies received $50 billion in government subsidies in the form of government-funded and stake-buying in 2014-2018, including six U.S. companies, including Intel, the world’s largest chipmaker, and Qualcomm, as well as some Chinese companies.