Industry News

China 1st international trading center for electronic component and PCB officially put into operation

2023-02-27

IT Home reported on February 3 that the opening ceremony of the International Trade Center for Electronic Components and Integrated Circuits registered in Shenzhen was held in Beijing today, according to the Shenzhen Special Zone News. And officially put into operation.

On December 30, 2022, "Electronic Components and Integrated Circuit International Trading Center Co., Ltd." (hereinafter referred to as the trading center) was incorporated in Shenzhen, located in Qianhai, Shenzhen, and initiated by China Electronics and Shenzhen Investment Holding. A total of 13 state-owned enterprises, state-owned enterprises and private enterprises invested in the establishment, forming a pattern of state-owned assets and state-owned enterprises leading the construction of various types of entities, Among them, China Electronics Information Industry Group Co., Ltd., China Electronics International Information Service Co., Ltd. and Shenzhen Investment Holding Co., Ltd. are the three major contributors, with a total contribution of 71.43%. The registered capital of the trading center is 2.128 billion yuan. As of January 31, 2023, the trading scale of the trading center was 3.11 billion yuan.

According to CCTV News, the sales scale of the trading center is expected to reach 100 billion yuan this year. By the end of the "14th Five-Year Plan", it is expected to reach 500 billion yuan. Five years later, the trading center should be expected to achieve trillions of yuan in the world.

IT Home learned that in January of this year, the Opinions of the National Development and Reform Commission and the Ministry of Commerce on Several Special Measures to Relax Market Access for the Construction of the Pilot Demonstration Zone of Socialism with Chinese Characteristics in Shenzhen made it clear that it was necessary to innovate market access methods and establish electronic components and integrated circuit trading platforms. We will support Shenzhen to optimize the layout of similar trading venues, establish a market-oriented international trading center for electronic components and integrated circuits, create a new market access platform for electronic components and integrated circuit enterprises and products, and promote the convergence and cluster development of upstream and downstream supply chains and industrial chains.

The Special Measures also clearly support electronic components and integrated circuit enterprises to settle in the trading center, encourage domestic and foreign users to purchase electronic components and various specialized chips through the trading center, and support integrated circuit design companies and user units to cooperate through the trading center.


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