Analysis: in 2020, Chinese firms bought ~$32B of chip-making equipment from overseas, up 20% YoY, while chip imports climbed to ~$380B or 18% of China's imports (Bloomberg)


Bloomberg:

Analysis: in 2020, Chinese firms bought ~$32B of chip-making equipment from overseas, up 20% YoY, while chip imports climbed to ~$380B or 18% of China’s imports  —  – Foreign firms benefit from boom, push to develop industry  — Tech self-reliance key strategic aim for China in next 5 years