Wuhan Party Committee holds meeting to boost integrated circuit industry
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On September 22, the Wuhan Municipal Party Committee held a special meeting to study and promote the high-quality development of the integrated circuit industry. According to a report from Wuhan Release, the meeting emphasized several key strategies. It called for cultivating and expanding industrial clusters, with full support for leading enterprises like Yangtze Memory Technologies (YMTC) to increase investment, expand production, and grow stronger. The plan also includes fostering specialized and new 'little giant' SMEs to promote collaborative innovation between large and small companies. The meeting stressed increasing investment attraction efforts by implementing the 'Platanus Tree Plan,' focusing on key development directions of Wuhan's integrated circuit industry, and conducting technology and supply chain recruitment to bring in upstream and downstream supporting enterprises. To enhance innovation capabilities, the meeting highlighted the need to coordinate innovation resources, support tech companies and universities in tackling key technologies in frontier fields, and leverage high-level innovation platforms such as the National Advanced Storage Industry Innovation Center, Jiufengshan Laboratory, and Jiangcheng Laboratory to facilitate the local transformation and industrialization of scientific achievements. Finally, the meeting called for creating a first-class industrial ecosystem by optimizing the business environment, providing full support in project construction, talent cultivation, and resource guarantees, and using government funds to guide social capital investment to accelerate the expansion of the industry's scale.
Source report
According to a report from Wuhan Release, on September 22, the Wuhan Municipal Party Committee held a special meeting to study and promote the high-quality development of the integrated circuit industry.
Key Measures Outlined
1. Strengthen Industrial Clusters
- Fully support leading enterprises such as YMTC (Yangtze Memory Technologies Co.) in capital expansion, production growth, and further development.
- Actively cultivate "specialized, refined, distinctive, and innovative" small and medium-sized enterprises (SMEs).
- Promote integrated innovation and coordinated development among large, medium, and small enterprises.
2. Enhance Investment Attraction
- Intensify efforts in attracting investment through the in-depth implementation of the "Platanus Tree Plan."
- Focus on key development directions of Wuhan's integrated circuit industry.
- Vigorously pursue technology-driven investment and supply chain investment.
- Introduce a range of upstream and downstream supporting enterprises.
3. Boost Innovation Capacity
- Strengthen the coordination and organization of innovation resources.
- Support technology enterprises, universities, and research institutes in tackling key technologies in frontier fields.
- Leverage high-level innovation platforms, including:
- National Advanced Storage Industry Innovation Center
- Jiufengshan Laboratory
- Jiangcheng Laboratory
- Promote the on-site transformation and industrialization of scientific and technological achievements.
4. Foster a First-Class Industrial Ecosystem
- Continuously optimize the business environment.
- Provide full support in project construction, talent cultivation and recruitment, and resource allocation.
- Use government funds to guide increased social capital investment.
- Accelerate the expansion of the industry's overall scale.
Source
第一财经Eastern
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