Announcement
24 May 2024
In May 2024, the National Integrated Circuit Industry Investment Fund III was established.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 May 2024
Revocation date:
No revocation date
Updated: 24 May 2024
Capital injection and equity stakes (including bailouts)
In force
On 24 May 2024, the third phase of the National Integrated Circuit Industry Investment Fund was incorporated. The fund has a registered capital of CNY 344 billion (USD 47.5 billion), with the Chine...
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Related State Acts
12 Sep 2025
China: Piotech Jianke receives CNY 450 million in state aid from Integrated Circuit Industry Investment Fund III
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22 Oct 2019
China: National Integrated Circuit Industry Investment Fund II
14 Oct 2014
China: State-backed fund to promote domestic integrated circuit industry established
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