Xi's speech warms integrated circuit industry: Xu Jinghong

It can be told from President Xi Jinping's speech that the government has made integrated circuit industry one of the instrumental tech sectors, said Xu Jinghong, president of Tsinghua Holdings.

Integrated circuit technology lies in the core of cyberspace infrastructure and the establishment of different online platforms, Xu said.

"We want to make a clean and safe cyber world. We want to make better computing tech. Only through integrated circuit sector can all of these happen," he said.