xi's moments
Home | Companies

Two sessions: top entrepreneurs share ideas

chinadaily.com.cn | Updated: 2021-03-09 06:40

Zeng Qinghong, chairman of Guangzhou Automobile Group

Zeng Qinghong, chairman of Guangzhou Automobile Group and a deputy to the 13th National People's Congress. [Photo provided to China Daily]

Zeng said the global auto chip industry market is around 300 billion yuan ($46.41 billion), but the scale of self-developed auto chip industry in China is merely around 7 billion yuan, accounting for less than 2.5 percent of the global market. Moreover, most entities are in low value-added and low reliance fields, while key component development and chip production are monopolized by foreign firms.

Zeng said China should assemble human resources, financial resources and material resources to tackle the chip problem, and enhance construction for industrial chains of key components.

|<< Previous 1 2 3 4 5 6 7 8 9 Next   >>|
Global Edition
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349