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China sets up $47 5B chip fund as other Asian countries bolster local chip production

The third phase of what is locally known as the 'Big Fund' will be primarily focused on investment in equipment for chip manufacturing.

United statesChina generalSouth koreaRepublic ofFumio kishidaYoon suk yeolInformation technologyBig fundSemiconductor manufacturing international corporationMinistry of industryChina integrated circuit industry investment fundMunicipal administration for market regulationNational enterprise credit information publicity systemKorea development bankChina construction bankBeijing municipal administration

China Sets Up Third Fund With $47 5B to Boost Semiconductor Sector

China Sets Up Third Fund With $47 5B to Boost Semiconductor Sector
newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.

China generalHua hongAgricultural bankChina construction bankCes cn semiconductor indexNational enterprise credit information publicity systemChina development bank capitalChina integrated circuit industry investment fundHua hong semiconductorBig fundMunicipal administration for market regulationSemiconductor manufacturing international corporationPresident xi jinpingBeijing municipal administrationMarket regulationDevelopment bank capital

China sets up third fund with $47 5 bln to boost semiconductor sector

China has set up its third planned state-backed investment fund to boost its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion), according to a filing with a government-run companies registry, Azernews reports citing Reuters.

China generalHua hongChina integrated circuit industry investment fundChina development bank capitalChina construction bankNational enterprise credit information publicity systemBig fundSemiconductor manufacturing international corporationMunicipal administration for market regulationHua hong semiconductorCes cn semiconductor indexAgricultural bankPresident xi jinpingBeijing municipal administrationMarket regulationDevelopment bank capital

Today Az - China sets up third fund with $47 5 bln to boost semiconductor sector

Today Az - China sets up third fund with $47 5 bln to boost semiconductor sector
today.az - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.az Daily Mail and Mail on Sunday newspapers.

Hua hongChina generalAgricultural bankMunicipal administration for market regulationCes cn semiconductor indexChina development bank capitalNational enterprise credit information publicity systemSemiconductor manufacturing international corporationHua hong semiconductorBig fundChina integrated circuit industry investment fundChina construction bankPresident xi jinpingBeijing municipal administrationMarket regulationDevelopment bank capital

China Sets Up Third Fund With $47 5 Bln To Boost Semiconductor Sector

China has set up its third planned state-backed investment fundto boost its semiconductor industry, with a registered capital of344 billion yuan ($4

Hua hongYangtze memorytechnologiesChina integrated circuit industry investment fundSemiconductor manufacturing international corporationChina integrated circuit industryinvestment fundNational enterprise credit information publicitysystemChinaconstruction bankMunicipal administration for market regulationCes cn semiconductor indexrallyingChinadevelopment bank capitalBig fundHua hong semiconductorAgricultural bankPresident xi jinpingBeijing municipal administrationMarket regulation