RMB 30 Trillion: China's 15th Five-Year Plan Sets 2030 Targets for the Electronics Manufacturing Industry
MIIT and the NDRC have jointly issued the 15th Five-Year Plan for the electronics manufacturing industry, setting development targets out to 2030 with an industry-scale goal of RMB 30 trillion.
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MIIT and the NDRC have jointly issued the 15th Five-Year Plan for the electronics manufacturing industry, setting development targets out to 2030 with an industry-scale goal of RMB 30 trillion.
The plan puts equal weight on high-quality growth and supply security, and repeatedly names integrated circuits, new displays, smart terminals and computing infrastructure.
Over the medium term this means sustained demand for domestic chips and passive components, with a widening pool of usable part numbers. Kewei Technology recommends keeping a domestic alternative qualified for every critical line.
Kewei's take: what this means for procurement
Volume growth in an application pulls a whole chain of companion components with it. Rather than hunting for parts after a shortage starts, flag the long-lead lines in your BOM now.
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