China raises $47bn for chip industry in drive for self-sufficiency
中国为芯片产业筹集470亿美元 推动自给自足的发展
‘Big Fund’ completes its largest round to date with makers of equipment for chip factories expected to be main beneficiaries
“大基金”完成了迄今为止规模最大的一轮募资，预计芯片工厂设备制造商将成为主要受益者。
It comes amid an escalating tech race with the west and echoes efforts in Washington and European capitals to build up their own domestic semiconductor industries. The US has extended billions of dollars in subsidies for groups to build chip plants on American soil.
第三轮融资的官方名称为“国家集成电路产业投资基金三期股份有限公司”(National Integrated Circuit Industry Investment fund III)，是中国规模最大的同类资金池，旨在为企业和技术提供种子资金，以克服中国政府所称的芯片产业“瓶颈”。该基金是由财政部、地方政府、国有企业以及国有银行——首次——出资组建的。
The Big Fund previously raised Rmb139bn and Rmb200bn in 2014 and 2019 and has a record of supporting Chinese chip champions and propelling the industry’s growth.
该基金设立之际，中国与西方的科技竞赛正在升级，并且美国和欧洲各国政府也在努力发展自己国内的半导体产业。美国为在本土建设芯片工厂的企业提供了数十亿美元的补贴。
People familiar with the matter have said the third fund will target Chinese makers of equipment for chip factories, after the previous two rounds ploughed capital into semiconductor manufacturing.
大基金此前在2014年和2019年分别筹集了1390亿元人民币和2000亿元人民币，致力于支持中国芯片冠军企业和推动该行业发展。
