Country for PR: China
Contributor: Xinhua News Agency
Friday, December 08 2023 - 21:29
2023 World Automotive Chip Innovation Conference Held in Binhu, Wuxi
WUXI, China, Dec. 8, 2023 /Xinhua-AsiaNet/--

From December 5th to 6th, 2023 World Automotive Chip Innovation Conference & 
2023 China Automotive Chip Summit was held in Binhu District, Wuxi, E China. 
The conference focused on cutting-edge technologies and era challenges in the 
field of automotive chips, discussing new opportunities to promote innovative 
development in the industry. More than 500 experts, scholars, and 
representatives from enterprises, including Ni Guangnan and Sun Fengchun, 
academicians of the Chinese Academy of Engineering, attended the event.

The automotive and parts industry is one of the six major advantageous 
industries in Wuxi's modern industrial cluster. Currently, Wuxi has four 
vehicle manufacturing enterprises and over 1,400 automotive and related parts 
enterprises. The integrated circuit and Internet of Things, two landmark 
industries of Wuxi, are expected to surpass a scale of 200 billion yuan this 
year. Wuxi's automotive chip industry has undergone accelerating development in 
recent years, with a scale of over 10 billion yuan, forming a rather complete 
industrial chain. Du Xiaogang, secretary of the CPC Wuxi Municipal Committee, 
stated that Wuxi will continue to optimize its business environment, construct 
the city as the most satisfactory destination for foreign investment, and 
provide a favorable environment for innovation and entrepreneurship.

During this event, Wuxi and the China Association of Automobile Manufacturers 
signed an agreement to support Wuxi in building itself into a hub for the 
automotive chip industry. Currently, Binhu District in Wuxi has already 
attracted 170 semiconductor and related enterprises. In the future, Binhu will 
support to introduce whole-vehicle enterprises, attract the aggregation of 
components, and assist in the development of the automotive industry.

The venue of the first World Automotive Chip Innovation Conference, Binhu, was 
chosen based on the region's solid industrial foundation, favorable business 
environment, and excellent professional talents. Binhu District, located in the 
southwest of Wuxi, by Taihu Lake, possesses 90% of Wuxi's Taihu Lake shoreline, 
gathering 90% of Wuxi's tourism resources, and hosting 90% of Wuxi's provincial 
and ministerial-level research institutes. Binhu District is also home to the 
famous scenic spot of Yuantouzhu, also named "Turtle Head Isle".

Source: Binhu District, Wuxi

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   Caption: 2023 World Automotive Chip Innovation Conference was held in Binhu,