Developing its own chips, China is promoting these ＂big moves＂-

　　Reference message networkReported on October 31In recent days, many American media have noticed that China has made great moves in promoting the research and development of its own chips. According to Bloomberg, The Wall Street Journal and other American media reports, China has established a national fund with a scale of about 29 billion US dollars (1 US dollar is equivalent to 7.1 yuan RMB), aiming at investing in the semiconductor industry to reduce its dependence on external technology.

　　According to Bloomberg, the fund with a total amount of 204.15 billion yuan will promote China’s plan to establish its own semiconductor supply chain (from chip design to direct production). The Wall Street Journal noted that according to the company registration information, this government-supported fund was established on October 22, and its scale was larger than that of a similar fund launched in 2014, which raised about 139 billion yuan.

　　It has been noted by public opinion that in the past six months, the "big move" made by China to promote the development of local chip industry is not only the establishment of a national fund. The website of the US Consumer News and Business Channel previously reported that China announced tax cuts for local semiconductor companies and software development companies in May this year.

　　According to the website of Lianhe Zaobao, the relevant announcement issued by the Ministry of Finance of China stated that legally established and qualified integrated circuit design enterprises and software enterprises should calculate the preferential period from the profit-making year before December 31, 2018, and be exempted from corporate income tax from the first year to the second year, and the corporate income tax will be halved at the statutory tax rate of 25% from the third year to the fifth year, and enjoy it until the expiration.

　　With the increasing support from the government, many China science and technology enterprises have continuously increased their investment in chip research and development, and achieved certain results. Sputnik news agency & radio website said that China has been able to produce its own chips. For example, Huawei owns Kirin and Shengteng chips. Ziguang Zhanrui is also preparing to bring 5G chips to the market next year. Xiaomi and Alibaba have also made progress in this regard.

　　There is public opinion that under the background of "going hand in hand" between government support and enterprise investment, it is expected that China’s chip industry will achieve certain development. According to the website of Straits Times, China has realized the rise of chip expertise through preferential policies, which encourage domestic and multinational enterprises in China to accelerate new foundry projects.

　　The Singaporean media once published an article entitled "China’s chip expertise is on the rise", saying that China’s latest efforts to become a world leader in the semiconductor field have achieved initial success. According to the report, the United States Integrated Circuit Research Corporation introduced that this year, China’s share of global wafer production capacity has exceeded 12.5% in North America. The company also predicts that China’s production capacity will double to US$ 47 billion (US$ 1 is equivalent to 7.1 yuan RMB) in the next five years.

　　According to foreign media, China is indeed ambitious to develop the chip industry. According to the website of American Consumer News and Business Channel, China aims to produce 40% of its own semiconductors by 2020, and then increase it to 70% by 2025.

　　Although some media pointed out that it is not easy for domestic chips in China to completely replace foreign chips in the short term, some analysts believe that the rapid development of China’s chip industry in the future is hard to stop.

　　The BBC website quoted a report from the Data Innovation Center of the United States, pointing out that the development of well-funded artificial intelligence chip start-ups and the progress in chip design in China indicate that it may be able to narrow at least part of the gap. In an interview with the website of Nihon Keizai Shimbun, Professor Ruolin Hideki of the Graduate School of Tokyo University of Science even bluntly said that China will realize the localization of semiconductors and other high technologies in five to ten years. Within ten years, in the fields of semiconductors, China also has the possibility of sweeping the market.

　　Sputnik news agency & radio’s website believes that while China is vigorously developing the chip industry, its western competitors will not stand still and will constantly improve their technology. Therefore, the competition for the position of global chip leader in the next decade will be extremely fierce.

　　Information picture. Xinhua News Agency