Xinhua News Agency, Beijing, February 3 (Reporter Wen Jinghua) The International Trading Center for Electronic Components and Integrated Circuits was officially unveiled in Beijing on the 3rd. The trading center is led by China Electronics Information Industry Group Co., Ltd. and Shenzhen Investment Holding Co., Ltd., jointly established by 11 central, state-owned, and private enterprises, dedicated to creating a market-oriented electronic component, integrated circuit enterprise, and product market access new platform.
In recent years, China's electronic components and integrated circuit industry has developed rapidly, with a global leading market size. However, compared to large international distributors, the distribution scale of local distributors in China is generally smaller, with problems such as information asymmetry and inadequate guarantee capabilities in their trading models. They face a situation where although there is a market, they do not have a strong voice.
On December 30, 2022, Electronic Components and Integrated Circuit International Trading Center Co., Ltd. was registered and established in Shenzhen. The registered capital of the trading center is 2.128 billion yuan, led by state-owned enterprises and jointly constructed by multiple types of entities, aiming to promote the integration and cluster development of upstream and downstream supply chains and industrial chains. As of January 31 of this year, the trading center has accumulated a trading scale of 3.1 billion yuan.
It is reported that the trading center will be based on the industrial big data base, with a functional positioning of "efficient trading, industry hub, innovative services, and diversified reserves". Through three trading modes of "user centralized procurement, aggregated bidding, and self-service matchmaking", it will efficiently gather the purchasing power of demanders and industry prediction capabilities, improve trading efficiency, reduce total supply costs, and optimize supply and demand balance.
In January 2022, the National Development and Reform Commission and the Ministry of Commerce issued the "Opinions on Several Special Measures for Relaxing Market Access in Shenzhen's Construction of a Pilot Demonstration Zone of Socialism with Chinese Characteristics", which clearly supports Shenzhen's optimization of the layout of similar trading venues and the establishment of a market-oriented international trading center for electronic components and integrated circuits.


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