Under the epidemic situation, China’s economic development momentum is strong

In the novel coronavirus pneumonia spread throughout the world, governments have taken effective measures to cope with the recession in monetary and fiscal policies. Among them, China’s control measures are in place, with a year-on-year growth of 4.9% in the third quarter, becoming the only country in the world to achieve positive growth. The growth rate of most major economic indicators has exceeded the level before the epidemic. On the demand side, exports and imports have increased by 8.9% and 3.2% respectively.

In terms of the global semiconductor market, according to the report of the International Semiconductor Industry Association (semi), the global semiconductor manufacturing equipment shipment reached US $16.8 billion in the second quarter, a year-on-year increase of 26%; As the world’s leading manufacturing base of LED displays, China’s semiconductor equipment shipment reached US $4.59 billion (about 31.4 billion yuan), up 36% year on year, ranking first in the world, followed by South Korea and Japan.

Post time:May-11-2021