National Investment Fund of the Combined Agreements manufacture (NICIF)
(chin. 国家集成电路产业投资基金) intensifies to support the creation of a complementary semiconductor production chain, including design, equipment, machinery, components and natural materials and the search for breakthrough technologies in this area.
As part of its activities, the fund launched the second phase of financing (Big Fund II, chin. 大基金二). He invested, among others:
- 7,118 billion RMB (PLN 4,020 billion) in Shanghai HuaLi Microelectronics Corp. (chin. 上海华利微电子有限公司) and
- 1.511 billion RMB (about 850 million PLN/PLN) in Hangzhou Silan Microelectronics Co. (chin. 杭州思兰微电子有限公司)
So far (NICIF) invested over 61 billion RMB (about PLN 34.3 billion) in 40 companies active in the production of chips/combined circuits. However, it is not intended to limit itself to this area and will shortly increase the financing of fresh technologies, artificial intelligence (AI), 5 and 6 G or smart production. Millions and even billions will flow there.
Chinese state funds investments in technology have increased importantly since the United States began to apply restrictions to China to cut off the mediate State from advanced technologies, to inhibit the improvement of artificial intelligence, or to produce and make integrated circuits.
The export bans introduced by the USA, Japan or the Netherlands forced Chinese semiconductor companies and fresh technologies to reduce dependence on imports. fresh events (such as 7nm chips in the fresh HuaWei smartphone) indicate that this process takes place faster than expected. To the surprise of the United States.
Building their own national supply chains for integrated circuits and a complementary base for their production are part of a program initiated in 2015 by president Xi JinPing and known as "Made in China 2025". The aim of this task is to accomplish 70% self-sufficiency in semiconductors by 2025.
Sources: https://baijiahao.baidu.com
Research report
"Recycling of low-value secondary natural materials in China"
(chin. 中国低值可回收物回收利用现状研究报告) developed by the Institute of the economical strategy and Management of the National improvement and improvement Commission (NDRC) (chin. 国家发展和改革委员会经济体制与管理研究所) states that in 2021, a full of 50.21 million tonnes of plastic packaging waste, 22.75 million glass tons, 21.24 million textile tons, 1.32 million tonnes of agricultural film, 640 000 tonnes of beverage paper packaging, 125 600 tonnes after fertilizers, and 117 000 tonnes of pesticide packaging were generated in China.
For agricultural movie only, the recycling rate is 60.6%.
In another cases, 19.5% to 58.6% of waste is recycled. The average recycling rate for low quality secondary natural materials was 26.6%.
Source: https://news.cctv.com
TV sales are falling
In December 2023 3.45 million pcs were sold in China. TVs. This is simply a drop of 3.4% in the month-to-month ratio, and 22.3% in the year-to-year ratio. The situation does not change better last year. A full of 38.12 million tv units were sold, which means a decrease in sales volume by 5.1% y/y.
Analysts presume that this year request for TVs will increase. The essential condition: producers must reduce their sales prices.
Source: http://www.ce.cn
Too much alcohol...
In the first 3 quarters of 2023 full stocks of 20 alcohol companies The Chinese stock exchanges amounted to RMB 136.354 billion (about PLN 75.448 billion). The 5 largest alcohol producers:
- GuiZhou MaoTai (chin. 贵州茅台),
- WuLiangYe (chin. 五粮液),
- YangHe (chin. 洋河),
- ShanXi FenJiu (chin. 山西汾酒),
- LuZhou LaoJiao (chin. 泸州老窖)
had more than 10 billion RMB (about PLN 5.54 billion) stocks. In 2023, alcohol stocks became a “great stone” for the full manufacture and there were signs of a reversal (lowering) of prices. The problem of the manufacture is overcapacity. Alcohol manufacture companies have accelerated abroad expansion in their consequence to the situation by trying to grow their markets to include them abroad.
LuZhou LaoJiao began operations as far as 70 countries of the world, YangHe in 52. However, the internationalisation of Chinese alcohol is not so apparent and simple. According to the data of the General Customs Administration of China (chin. 中国海关总署) in the first 3 quarters of 2023 their exports increased by 23.86% y/y. Yet Chinese alcohol exports account for little than 1 percent of its full production, and the share in global markets is unnoticed.
Source: http://www.ce.cn
Author: 梁安基 Andrzej Z. Liang, 上海 Shanghai, 中国 China
Email: [email protected]
Editorial: Leszek B.
Email: [email protected]
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