China plans to establish an electronic information industry fund with a scale of 200 billion yuan.

On the 8th, the China Electronic Information Industry Association and Ping An Bank signed a strategic cooperation agreement. Under the agreement, the two parties will jointly establish an electronic information industry fund with a total size of 200 billion yuan (RMB, same below). According to the agreement, the two sides will adopt a “fund + platform” collaboration model to jointly set up an electronic information industry fund worth 200 billion yuan, and build an innovation and entrepreneurship service platform that integrates government, industry associations, financial institutions, startup teams, makers, and users. Together, they will be committed to advancing the implementation of the strategies for building a manufacturing powerhouse and a cyber power. In 2015, China’s electronic information manufacturing revenue is expected to reach 15 trillion yuan, nearly doubling compared to 2010.

China Electronic Information Industry Association and Ping An Bank 8 A strategic cooperation agreement was signed today, and both parties will jointly establish... 2000 An electronic information industry fund with a scale of 100 million yuan (RMB, the same below).

According to the agreement, both parties will establish a “fund.” + Platform-based cooperation model, jointly established 2000 An electronic information industry fund with a scale of 100 million RMB has established an innovation and entrepreneurship service platform that brings together government, industry associations, financial institutions, startup teams, makers, and users, all working together to promote the implementation of the strategies for building a manufacturing powerhouse and a cyber power.

2015 China's revenue scale for the electronic information manufacturing industry is expected to reach 15 Trillion yuan, compared to 2010 Annual growth nearly doubled; the value of product imports and exports accounts for one-third of the nation's total merchandise trade volume.

Zhou Zixue, Vice President and Secretary-General of the China Electronic Information Industry Association, said that currently, large enterprises and emerging-sector companies in the electronic information industry are showing relatively positive development trends. However, some small and medium-sized enterprises in traditional sectors—particularly those engaged in supporting industries—are facing significant pressure to undergo transformation, with funding shortages being a particularly prominent challenge.

2015 In recent years, the Chinese mobile phone industry has seen a wave of bankruptcies. Even Fuchang Electronics, a Tier-1 supplier for Huawei and ZTE, has not been spared—its downfall was triggered by a broken capital chain.

Shao Ping, President of Ping An Bank, introduced that the electronic information industry fund will provide enterprises with “financing.” + Comprehensive and integrated financial services under the “Rongzhi” initiative: including support for the intelligent manufacturing transformation and upgrading of electronic information industry bases and industrial parks, and serving “Made in China.” 2025 “Internet” + Development strategy, supporting entrepreneurship and innovation, etc.

Previously, China established the National Integrated Circuit Industry Investment Fund. As of... 11 At the end of the month, a decision has been made. 25 An integrated circuit project, actual capital contribution 168 100 million yuan.

Key words: