福建
By Li Panpan
The opening meeting for an international trading center of electronic components and integrated circuits was held in Shenzhen on December 8, reported JW Insights.
China’s Ministry of Commerce and the National Development and Reform Commission (NDRC) issued a policy document to support the setup of the center in January this year.
The center, with a registered capital of RMB2.128 billion ($305.53 million), was initiated by China Electronics Corporation and Shenzhen Investment Holdings with additional funding from 13 state-owned and private enterprises. It will go into official operation at the end of December with online and offline trading.
The trading center is to create a new market access platform for electronic components and integrated circuit companies and to promote the upstream and downstream in the supply and industry chain.
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