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China Sets Up Largest-Ever Semiconductor Investment Fund Amid US Restrictions

(CTN News) - According to a government-run body, China is establishing its largest-ever semiconductor state investment fund to further its dominance in future

Hua hongUnited statesMark rutteLu junInformation technologySemiconductor manufacturing international corporationNational enterprise credit information publicity systemBig fundChina integrated circuit industry investment fundHua hong semiconductorSemiconductor investment fund amid us restrictionsChina construction bankMinistry of industryChinese president xi jinpingNational enterprise credit information publicityManufacturing international corporation

China news: China is pumping another $71 2 billion into its chip industry

China is doubling down on its plan to dominate advanced technologies of the future by setting up its larges.

United statesHua hongMark rutteLu junBig fundChina integrated circuit industry investment fundNational enterprise credit information publicity systemSemiconductor manufacturing international corporationMinistry of industryHua hong semiconductorChina construction bankInformation technologyChina integrated circuit industry investmentNational enterprise credit information publicityManufacturing international corporationDutch prime minister mark rutte

China to put $47 5bn into ICs

China is to put a third tranche of cash, worth $47.5 billion, into the Big Fund - the colloquial name for the China Integrated Circuit Industry Investment

Lu junBig fund

China injects $47 5B into chip industry

China is intensifying its efforts to lead in advanced technologies by establishing its largest-ever state investment fund for semiconductors, as detailed by a government-run agency. Valued at $47.5 billion, this fund comes amid stringent U.S. restrictions on the export of American chips and related technologies, aimed at curbing Beijing's technological ambitions. Six major state-owned banks,

United statesHua hongLu junMark rutteHua hong semiconductorNational enterprise credit information publicity systemBig fundMinistry of industrySemiconductor manufacturing international corporationChina integrated circuit industry investment fundChina construction bankBig fund itInformation technologyPresident xi jinpingNational enterprise credit information publicityManufacturing international corporation

China Sets up Third Phase of Semiconductor Fund with $47 5B

China has announced the third phase of its National Integrated Circuit Industry Investment Fund with a registered capital of $47.5 billion.

Hua hongChina generalLu junMark rutteChina construction bankHua hong semiconductorSemiconductor manufacturing international corporationBig fundAgricultural bankInternational tensionChina integrated circuit industry investment fundChina development bank capitalMinistry of chinaFinance ministryBig fundsYangtze memory technologies

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