National Integrated Circuit Industry Investment Fund was set up is expected in the near future, the first batch will reach 120 billion yuan. Industry official said, landing the fund revitalization of China's IC industry will be an extremely important part, showing the development of China's IC industry will be the national co-ordination, development patterns change over loose disorder, but is expected to break the bottleneck of corporate finance prominent, continuous innovation is not strong, industrial development and demand of the market problems. Currently, the domestic IC industry rise. According to the China Semiconductor Industry Association statistics, in 2014 China's IC industry in the first quarter sales of 58.75 billion yuan, an increase of 13.4%. Among them, the design industry to maintain rapid growth, with sales of 17.92 billion yuan, up 28.1 percent; manufacturing dropped significantly year on year increase, with sales of 15.37 billion yuan, an increase of 4.5%, down from an increase in the first quarter of 2013 12 percentage points; packaging and testing industry sales reached 25.46 billion yuan, an increase of 10.1%, an increase over the first quarter of 2013 improved 4.2 percentage points. Nevertheless, experts believe that the lack of core technology, high financing costs, products can not meet the market demand and other issues is still grim. Which for technical reasons it is difficult to catch up with reality, but also a corresponding policy system is not perfect, and other deep-seated problems. In this case, the introduction of national IC industry investment fund companies through mergers and acquisitions in favor of bigger and stronger, push the chip to speed up the pace of localization. Currently, the strong domestic market demand is a powerful driving force for development of China's IC industry. China has the world's largest and fastest-growing IC market scale reached 916.6 billion yuan in 2013, accounting for about 50 percent of global market share in 2015 is expected to reach 1.2 trillion yuan market scale. At the same time, China's IC industry is still very weak, can not support the economic and social development as well as national information security, national defense and security-building needs. Corporate finance bottleneck prominent, continuous innovation is not strong, industrial development and demand of the market restricting China's IC industry is becoming bigger and stronger of the three bottlenecks. Deputy Minister of Industry and Information Technology Yang Xue Shan has pointed out that in June this year introduced the "Outline of National IC industry to promote" The biggest highlight is the establishment of the National Integrated Circuit Industry Development Leading Group, bid farewell to the previous mode independent of special operations, and strengthen industry top-level design improve the policy system to coordinate the development of the whole industry. Meanwhile, the problem of financing for enterprises, establishment of a national industrial investment fund, focusing on attracting large enterprises, financial institutions and social capital, reducing the government's direct configuration of resources to achieve maximum benefit and efficiency optimization, and increase financial support through innovative credit products and financial services to support business listing and issuance of financing tools for industry to support it.