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
Industry

China Focus: China's new display industry leads in scale

June 18, 2021


Abstract : In 2020, the direct revenue of the new display industry in China hit 446 billion yuan (about 69.4 billion U.S. dollars), ranking first globally, according to data released at the 2021 World Conference on the Display Industry, which kicked off on Thursday.

HEFEI, June 17 (Xinhua) -- In 2020, the direct revenue of the new display industry in China hit 446 billion yuan (about 69.4 billion U.S. dollars), ranking first globally, according to data released at the 2021 World Conference on the Display Industry, which kicked off on Thursday.

Wang Zhijun, vice minister of industry and information technology, said at the opening ceremony that the strategic, basic and leading role of the new display industry in the development of China's national economy and society is becoming more prominent.

In 2020, the direct revenue of China's new display industry accounted for 40.3 percent of the global total, according to Wang.

The two-day conference is being held in Hefei, capital of east China's Anhui Province, and is co-hosted by the Ministry of Industry and Information Technology and the provincial government of Anhui to showcase the latest applications of the industry and strengthen international exchange and cooperation.

Vladimir Norov, secretary-general of the Shanghai Cooperation Organization (SCO), said in a video speech at the opening ceremony that the conference will encourage different countries and different groups of people, including those from SCO countries, to work together to meet challenges, share the fruits of globalization and achieve mutually beneficial results.

"A golden era for the electronics industry has just begun, and China will be the spearhead of this dynamic development," said Kai Beckmann, a member of the executive board of German science and technology company Merck and CEO of Merck Electronics.

China's emerging display industry is sharing opportunities with the world. Beckmann said China has been one of the company's strongest growth drivers and, in particular, one of the largest markets worldwide for Merck Electronics.

Merck last November announced it would build a new electronics technology center in China with an investment of 140 million yuan. The company's first OLED materials manufacturing plant in China is also under construction and will be operational next year.

Wang said China will focus on stabilizing and optimizing the industrial and supply chains to realize the high-quality development of the display industry. Enditem

Scan the QR code and push it to your mobile phone

Keyword: China new display industry

Reading:

GLOBALink | China's Shenzhou-12 docks with space station core module

【Financial Str. Release】China to further shorten negative lists for foreign investment

【Financial Str. Release】China to further release metal reserves to ease commodity price hikes

Interview: Pakistan-China friendship deeply embedded in hearts of two peoples -- Pakistani ambassador

Romantic drama "Man in Love" leads Chinese box office

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