fbpx

Type to search

China sets up medical device, chips innovation centres


China inflation
The consumer price index (CPI) jumped 2.1% from a year earlier, speeding up from March's 1.5% growth and beating expectations for a 1.8% rise. Photo: Reuters.

(ATF) China will establish two national manufacturing innovation centers to make medical devices and integrated circuits, or computer chips.

The national centre for medical devices will focus on the demand for high-performance instruments in the fields of prevention, diagnosis, treatment and rehabilitation, according a notice Wednesday from the Ministry of Industry and Information Technology.

It will be established by relying on the Shenzhen National Research Institute for High-Performance Medical Devices Co. Its shareholders include key industry units such as Meridian Biology, UIH Medical, Xianjian Science and Technology, Shenzhen Advanced Technology Research Institute of Chinese Academy of Sciences and Harbin Institute of Technology.

READ MORE: Huawei, SMIC to jointly develop chip 

READ MORE: Tech focus sharpened as coronavirus shows fragility of industry

The national centre for integrated circuits, known as the National IC Characteristic Process and Packaging Test Innovation Centre, will be established by Jiangsu Huajin Semiconductor Packaging Research Center Co. Its shareholders include key enterprises and research institutes in the fields of IC packaging test and materials such as Changdian Technology, Tongfu Micro-Power, Tianshui Huatian, Shennan Circuit, Suzhou Crystal and Microelectronics Institute of Chinese Academy of Sciences.

The move comes as China seeks to reshape its economy after entire industries were scarred by the coronavirus shutdown. The government has place renewed emphasis on technology as it rebuilds an economy that is yet to get fully back on track.

logo

AF China Bond