China has concluded its largest funding round to date in support of its embattled semiconductor industry, with the so-called Big Fund raising Rmb344bn ($47bn) to aid President Xi Jinping's self-sufficiency drive in the face of US efforts to restrict the country’s access to the latest technology. The third round of the fund, officially called the National Integrated Circuit Industry Investment Fund Phase III, is China’s largest pool of capital to be targeted at seeding companies and technologies to overcome what Beijing refers to as “chokepoints” for its chip industry. It has been assembled from contributions from the finance ministry, local governments, state-owned enterprises and, for the first time, state-owned banks.
中國完成了迄今爲止最大一輪與支持半導體產業相關的募資。所謂的「大基金 」籌集了3440億元人民幣(合470 億美元),以幫助中國國家主席習近平發起的自給自足運動,從而應對美國限制中國獲得最新技術的努力。