China's Ministry of Industry and Information Technology sets goal for Chinese car makers to use 25% domestically produced chips by 2025. This aims to boost local semiconductor usage in terms of both volume and value.
Government incentivizes achieving the goal through a credit system; long-term vision includes exclusive use of Chinese processors. The ambition extends to other components like displays and chargers, supporting China's drive for technological autonomy.
#chinese-government #domestic-chip-production #automotive-industry #technological-autonomy #credit-system
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