Chip industry and information security has been raised to the level of the national strategy . According to sources , the state will invest heavily to support the development of the integrated circuit industry , 120 billion yuan fund to support state-level chip industry is expected to announce in the near future holds. Analysts said the convoy had national funds, the integrated circuit chip equipment, design , manufacture, packaging companies are expected to usher in rapid development .An industry source admitted that the funds become a major bottleneck restricting the development of the integrated circuit industry. " China's IC industry 10 years, science and technology investment of more than 1000 billion yuan , compared to large international companies , but the whole domestic industry into just one of Intel's six ." He said , in the IC industry in the capital importance of promoting and necessity has been recognized , by way of government financial guidance plus equity investment fund collaborative operation is considered to be an effective means .It is under the guidance of this idea , the National Fund for the chip industry is expected to support the recently announced , will reach 120 billion yuan . Which state funding 40 billion yuan , the rest rely on social recruitment. "At present, a number of central enterprises is expected to become a promoter of the Fund , China Tobacco , mobile operators and chip packaging , etc. Strength companies are among them. Fund will take the company operation, specialized operations , focusing on the integrated circuit chip devices design , manufacturing, packaging and other areas subdivision. 120 billion yuan to support the establishment of the fund industry , will be more than a decade of R & D investment , which will greatly reduce the gap between the developed countries and in the chip industry capital investment . " the source said .Analysts believe that the localization of the chip has an irreversible trend , the relevant aspects of the funding will be expected to achieve exponential growth . In this context , the core technology breakthroughs and localization will enter the peak period. Important areas including cloud computing, networking , big data, digital television and other chips are expected to achieve import substitution . The industrial chain, integrated circuit chip equipment, design , manufacturing, packaging companies , are expected to usher in rapid development .Radiation effects of the chip is very obvious. According to IMF estimates, the value of $ 1 chip can drive related electronic information industry output value of 10 yuan , bringing GDP contribution of $ 100 , which is to address local employment and local economic restructuring has a positive impact .In fact , as early as in the national team , the country has begun to create a local version of the chip industry equity investment fund to foster the development of the integrated circuit industry to grow . Following the end of last year, Beijing announced the establishment of equity investment fund size of 30 billion yuan to build the integrated circuit industry , Wuhan, Shanghai , Shenzhen, Hefei , Shenyang and other places are also accelerating .An industry veteran , said the local version of the fund will also play a guiding role of government funds , venture capital funds and other funds to expand channels , encourage and attract institutional investors , industrial capital and foreign capital to participate in the formation of the integrated circuit industry development fund. On the one hand , the fund will be equity investments to support collaborative integrated industry chain development ; on the other hand , will focus on promoting corporate mergers and acquisitions and the construction of industrial parks , which will undoubtedly benefit seems Hass , Spreadtrum , SMIC, long power technology and other famous international enterprises. Insiders said, " National Edition" to support the introduction of the policy , local support policies will undoubtedly have an important demonstration effect and promote . 2014 , a number of local development plan will be introduced in the semiconductor industry and related investment and support policies , and the establishment of related industries development fund.