Organisation · Policy, Trade & Geopolitics
Big Fund (National Integrated Circuit Industry Investment Fund)
China's state-backed investment vehicle that takes equity stakes in domestic semiconductor manufacturing, equipment, materials and design companies, raised in successive phases since 2014 to finance capacity and capability building.
- Also known as
- China IC Fund, 大基金
- Type
- Organisation
- Domain
- Policy, Trade & Geopolitics, National programmes
Notes
Operates as an investor rather than a grant programme, so its capital is recycled through stakes in listed and unlisted firms.
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