Benefit favor, semiconductors, large aircraft concept in the A-share shine, behind what logic? This favorable has no value of participation?
One, another plan to suppress "Made in China 2025"!
The semiconductor industry is one of the six core industries in Trump's "America First" agenda, they will be our exports to the United States of semiconductors and other new-generation information technology into the tariffs levied on categories.
Just a short time ago, the U.S. commerce secretary said China's aggressive development of semiconductors threatened U.S. global leadership.
From the breakdown of the ranking of U.S. exports to China, semiconductors, aerospace, soybeans occupy an important position.
Based on the background of "lack of core and oil", semiconductor chips are China's most important short board in the field of high-tech.
So, it is not difficult to see, Trump took the initiative to stir up trouble this time, one of the purposes is to intervene in the development of semiconductors and other high-end manufacturing, stifled in the cradle, and further mentioned the proportion of exports. Thereby, profiting for his own treasurer, in exchange for valuable votes.
A deeper understanding is to suppress "Made in China 2025" and intervene in the speed of China's rise.
Second, the dream, "China's core" against the wind!
From "Made in China" to "Made in China", behind the years of passivity.
In addition to bearing the pain of a huge patent stranglehold, but also greatly limited the ability of Chinese enterprises in the international market profitability.
Congratulatory is that the "engineers dividend" has been successful in allowing China to get rid of the low-end manufacturing industry, PCT patent applications have been equal to Japan, is rapidly catching up with the United States. China's "Made in China" discourse is getting bigger and bigger!
In addition to the "engineers dividend", the policy support is unprecedentedly huge, the semiconductor industry as a national strategic development program.
"Made in China 2025" clearly put forward the 2020 China's chip self-sufficiency rate to reach 40%, 2025 to reach 50% of the benchmark.
The only conclusion is: China's core, is a national weapon.
China has long been through the national integrated circuit fund (a period of more than 130 billion yuan) to focus on supporting the semiconductor, covering IC design, wafer manufacturing, packaging and testing, equipment and materials of the entire industrial chain of important companies.
Entering 2018, the second phase of the national IC fundraising has also been launched, and is expected to reach 200 billion yuan.
The strength of the country is destined to "China's core" against the wind!
Three, import substitution, "China Chip" has a bright future!
"Black swan" into the game, in addition to anti-sanctions on chip imports, the ultimate solution, is still domestic "core" as soon as possible to achieve import substitution.
So, the chip concept can not just look at the A-share rally today how beautiful, the key is how to re-layout this "import substitution" behind the golden opportunity.
The concept of the chip can not just look at how beautiful the A-share rally today.