The Electronic Components Association released the "12th Five-Year Plan for China Electronic Components" on the 10th. In the next five years, the total sales revenue of China's electronic components industry will reach 1.88 trillion yuan, an average annual increase of 10%. The data shows that as of the end of 2010, the total sales revenue of the electronic components industry was 1.1 trillion. To achieve the goal of increasing sales revenue by about 700 billion yuan in the next five years, about 500 billion yuan will be invested during the 12th Five-Year Plan period, mainly in the areas of new electronic component R&D and industrialization.
The plan also clearly stated that in order to improve the application of key component products in important areas such as the Internet of Things, by the end of 2015, key components in major application areas had Chinese companies mass production and gradually replaced imported products. The plan includes an overall plan and 14 sub-industry plans covering 16 major categories of products.
The plan proposes that by 2015, the total sales revenue of China's electronic components industry will reach 1.88 trillion yuan, accounting for 20% of China's electronic information industry revenue. The total output of electronic components exceeds 2.8 trillion, an average annual increase of 5.7%, to meet the domestic market demand of 70%, total exports of electronic components reached 86 billion US dollars, an average annual increase of 10%. According to the Shanghai Securities News, the Department of Electronic Products of the Ministry of Industry and Information Technology, Mr. Yan Shijing, revealed on July 10 that the Ministry of Industry and Information Technology had previously formulated the "2010-2012 Plane Display Industry Plan." During the "12th Five-Year Plan" period, the Ministry of Industry and Information Technology will develop the tablet industry. Rationally control the scale of industries, optimize industrial layout, strengthen technological innovation, and promote industrial support.
The plan also clearly stated that in order to improve the application of key component products in important areas such as the Internet of Things, by the end of 2015, key components in major application areas had Chinese companies mass production and gradually replaced imported products. The plan includes an overall plan and 14 sub-industry plans covering 16 major categories of products.
The plan proposes that by 2015, the total sales revenue of China's electronic components industry will reach 1.88 trillion yuan, accounting for 20% of China's electronic information industry revenue. The total output of electronic components exceeds 2.8 trillion, an average annual increase of 5.7%, to meet the domestic market demand of 70%, total exports of electronic components reached 86 billion US dollars, an average annual increase of 10%. According to the Shanghai Securities News, the Department of Electronic Products of the Ministry of Industry and Information Technology, Mr. Yan Shijing, revealed on July 10 that the Ministry of Industry and Information Technology had previously formulated the "2010-2012 Plane Display Industry Plan." During the "12th Five-Year Plan" period, the Ministry of Industry and Information Technology will develop the tablet industry. Rationally control the scale of industries, optimize industrial layout, strengthen technological innovation, and promote industrial support.
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