Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

Total sales of electronic components in China to reach RMB2.1 trln by 2023, MIIT

January 29, 2021


Abstract : The total sales of electronic components in China are expected to reach 2100 billion yuan by 2023, according to a three-year action plan (2021-2023) released by the Ministry of Industry and Information Technology (MIIT) on Friday.

电子.jpg

BEIJING, Jan. 29 (Xinhua) -- The total sales of electronic components in China are expected to reach 2.1 trillion yuan by 2023, according to a three-year action plan (2021-2023) released by the Ministry of Industry and Information Technology (MIIT) on Friday. 

The continuous expansion of market scale will further consolidate China's status as a major producer of electronic components in the world and fully meet the needs of the information technology market.

The action plan specified that great breakthroughs should be made in key technologies for electronic components, with investment in innovation further uplifted. 

Efforts should be made to forge a group of electronic component companies with international competitive advantages. 15 companies with operating revenues of each one exceeding 10 billion yuan should be cultivated. Leading companies should improve their comprehensive strengths and anti-risk capabilities. 

According to the action plan, it is necessary to promote breakthroughs in the basic electronic components industry and guarantee the supply of key materials, equipment and instruments for key markets including smart terminals, 5G, industrial Internet, data centers and new energy vehicles.

To make up deficiencies in the current development, the action plan proposed to promote industrial innovation capabilities, strengthen market promotion, consolidate supporting industrial foundations, guide industrial transformation and upgrading, focus on quality improvement, strengthen public platform construction, and improve talent introduction mechanisms. (Edited by Zhang Yuan with Xinhua Silk Road, zhangyuan11@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: electronic components

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial