China adjusts science and technology policies to fund domestic large chip companies to

(Hong Kong News) In the context of continuously tightening advanced technologies and manufacturing equipment to China, forcing Beijing to make major reflection on supporting the chip industry's way, it is easier for the Chinese government to make it easier for several domestic chip companiesThe subsidy also has more control over the research projects supported by the government.

The British Financial Times reported on Tuesday (March 21) that the Chinese government decided to adjust its scientific and technological policies earlier this month, established the CPC Central Science and Technology Commission, and re -established the Ministry of Science and Technology. Nowcooperate.

Reports quoted people familiar with the matter, saying that the beneficiary Chinese companies include chip manufacturers SMIC, Huahong Semiconductor and Huawei, and equipment suppliers North Huachuang and China Micro Semiconductor.

If you do not require a performance, you can get funding subsidies and no amount of upper limit

The above -mentioned beneficiary companies do not need to meet the performance standards, and they can also receive additional government funding.

These companies will also play a greater role in national research projects and reduce the influence of state -owned enterprises and academic institutions.

A person familiar with the matter who directly understands the policy adjustment said that the Chinese government will subsidize the production and deployment of localized chip manufacturing equipment for these enterprises. The subsidy will not set the upper limit of the amount to buffer the restrictions on the United States.

The adjustment of the above policy means that the Chinese government has made large -scale and unknown subsidies to the semiconductor industry in the past. It is unsuccessful to establish domestic semiconductor strength policies and no longer options.China needs to make different reactions to the development of the chip industry in the United States.

A government officials who have worked closely with Chinese chip manufacturers said that in order to avoid sanctions, China has waste too much money in non -functional research."It's time to abandon delusions and invest all possible resources into companies that can guide the industry to get rid of difficulties."