"The integrated circuit industry is an intelligence-intensive industry. Looking towards the future, integrated circuits are still a highly global industry, which also highlights the importance of strengthening cooperation on global industrial chain and supply chain." Tian Yulong, chief engineer and spokesperson of the Ministry of Industry and Information Technology, said at the press conference held by the State Council Office on promoting the stable operation and upgrading of industry and information technology on the 28th. He said that only by strengthening the division of labor and cooperation among industries in various countries can we ensure the continuous progress of integrated circuit technology and the expansion of market scale.

"China is the largest and fastest-growing integrated circuit market in the world. It provides broad market opportunities for the development of global enterprises. Also, China is an important producer and provider of integrated circuits, and an important contributor to the global integrated circuit industry. Tian Yulong believes that ensuring the stability of the industrial chain and the supply chain can not only support the self-sufficiency of China, but also provide resources for the development of the global integrated circuit industry.

Tian Yulong said, China will further embrace more investment from global integrated circuit industry, establish partnerships in various forms, make joint contributions to stabilizing the global integrated circuit industry chain and supply chain. He said, "China will also continue to provide a favorable policy and market environment for domestic and foreign integrated circuit enterprises, treat all kinds of market players equally, give equal treatment to domestic and foreign capital according to law. Especially, China will strengthen intellectual property protection, jointly promote the innovation and development of the integrated circuit industry, and maintain the stability of the global integrated circuit industry chain and supply chain."