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Target of 75% Domestic Production Rate for Electronic Components by 2025
12 Nov,2021
According to the 14th Five-Year Plan (referred to as the "14th Five-Year Plan"), China has set clear goals for the development of its electronics industry. Among these, the increase in the self-sufficiency rate of key electronic components has been placed at the core, with a requirement that this rate must exceed 75%. Meanwhile, the launch of the third phase of the National Integrated Circuit Industry Investment Fund provides strong support for achieving this goal.
With the rapid advancement of technology, the electronics and information industry has become a key area of global competition. Particularly in the field of integrated circuits, their significance is increasingly highlighted due to their major impact on the performance, functionality, and cost of electronic products. Against this backdrop, enhancing the self-sufficiency rate of key electronic components is not only about meeting domestic market demand but also a crucial support for national security and the independent and strong development of science and technology.
The target set in the 14th Five-Year Plan for a self-sufficiency rate of over 75% reflects the country's high regard and firm determination for the development of the electronics industry. To achieve this goal, the investment amount for the third phase of the National Integrated Circuit Industry Investment Fund reaches an impressive 34.4 billion yuan, fully demonstrating the government's strong support and substantial investment in the industry's development.
The significance of increasing the self-sufficiency rate of key electronic components lies not only in meeting domestic market needs but also in achieving independent and controllable technological development through enhanced independent innovation capabilities. This requires not only the introduction and cultivation of a large number of professional talents but also the establishment of a complete industrial chain and the creation of competitive industrial clusters with international competitiveness. Additionally, technological innovation, increased R&D investment, and continuous optimization of industrial policies are key to achieving the self-sufficiency goal.
Faced with the competition and challenges in the global electronics and information industry, China has demonstrated firm determination and confidence through setting clear self-sufficiency targets and making substantial investments. This not only helps to drive the rapid development of China's electronics and information industry but will also have a far-reaching impact on the global electronics and information industry landscape.
In summary, the requirements for the self-sufficiency rate of key electronic components set in the 14th Five-Year Plan, as well as the investment from the National Integrated Circuit Industry Investment Fund, are aimed at promoting the rapid development of China's electronics and information industry and achieving the goal of becoming a strong country in science and technology.
12 Nov,2021
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