Authorities told reporters on Wednesday about the IC industry support policy documents have been adopted by the State Council executive meeting and within government departments issued , the total size of the integrated circuit industry development fund will reach 600 billion , far higher than previously expected , and equity investments to support the development of the integrated circuit company .The source revealed that the provinces will be established in Beijing to end IC industry development mode of the equity investment fund , established municipalities integrated development of equity investment funds in order to finance social investment funds to attract a total expected to reach 600 billion , this is much higher than previously expected 100 billion scale . In addition the Ministry also led the establishment of an integrated circuit industry tens of billions of funds. " Policies designed to stimulate social capital 5-8 times the computing , the next five to ten years there will be 3 to 5 trillion of money into the integrated circuit industry ." The person said , the fund management company will be invited to fund investment , in the form of equity investment , investment to specific integrated circuit enterprises, enterprise development to be mature before exit. |
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600 Billion Fund Is Approved By IC Integrated Circuit Indust