Lishui has unveiled a new plan aiming to boost the semiconductor industry and attract talent from 2024 to 2026. 

With an investment of over 10 million yuan ($1.40 million), the plan focuses on bolstering the semiconductor industry. 

Recognizing semiconductors as a linchpin for the digital economy and national security, Lishui has strategically positioned the semiconductor sector as the leading industry among its five major leading industries. 

Staff work in the semiconductor factory. [Photo/tidenews.com.cn]

Over the past years, Lishui Economic Development Zone has attracted 35 enterprises, accumulating nearly 64 billion yuan in investments, forming a burgeoning semiconductor cluster.

The plan's three-year vision emphasizes semiconductors' manufacturing, core material development, and talent cultivation. Policies are laid out to include preferential tax incentives for innovation enterprises and substantial financial support. 

Furthermore, Lishui aims to attract prestigious universities, multinational corporations, and industry leaders to establish research and development institutions. The plan is poised to fortify Lishui's semiconductor industry and contribute to the nation's regional semiconductor development.