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Policy Support Boosts Innovation in Electronics Components Industry
12 May,2025
The Chinese government has introduced a series of policy measures to support the independent and innovative development of the electronics components industry. These policies include research and development subsidies, tax incentives, and financial support for key areas such as semiconductors and passive components. The launch of the third phase of the National Integrated Circuit Industry Investment Fund further strengthens support for the research and development of semiconductor equipment and materials. These measures not only help to increase the self-sufficiency rate of China's electronics components industry but also drive technological breakthroughs and innovations. With the enhancement of independent innovation capabilities, the competitiveness of China's electronics components industry in the global market will continue to grow.
12 May,2025
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