Defending China's flat panel display industry capital market should be "generous"

Li Chaoting, chairman of the National People's Congress, Dong Xu Group:

Defending the discourse power of China's flat display industry

Capital markets should be "generous"

Report of the two groups of GUI Xiao Bamboo shoots

During the two sessions, the topic of "Made in China" has never stopped, how to make more industry have the right to speak in international competition? Li Chaoting, chairman of the National People's Congress and the president of Dong Dong group taking the glass substrate as the cut-in point, the paper analyses that the development of the flat industry should continuously carry out technological innovation and upgrade. For the investment of new technologies and industries, we should give full play to the security role of capital market.

"With the development of domestic enterprises such as Dong-Xu Breakthrough 6 generation and the following glass substrate industrialization production technology, China's flat panel display industry optimization and upgrading of industrial structure and international discourse power is constantly improving." However, the rapid evolution of technical standards and product types of glass substrates requires long-term, stable innovation inputs and industrial inputs. Li Chaoting mentioned in the motion.

Li Chaoting in the proposal analysis, although China's flat panel display industry to achieve a leap-forward development, the overall scale of the industry ranks among the world's top three, becoming an important force in the global display industry, but under the new normal condition of economic development, the unbalanced, uncoordinated and unsustainable problems left, brought and produced in the early stage of China's flat panel display industry are very outstanding, Especially, the problem of key material missing in the upstream of panel is urgent. At present, the foreign flat panel display giants still occupy the leading position of the industrial chain, the development of our national industry and its large gap. "Taking the glass substrate as an example, the upstream core raw materials accounted for about 20% of the cost of the liquid crystal panel materials, but at present it is highly monopolized by the overseas enterprises, especially the 8.5-generation glass substrates. Our country still does not have the industrialization ability, has seriously affected our country flat panel display industry security and the ”

For the reasons of the above problems in the development of the industry, Li Chaoting that the capacity is insufficient, the local enterprises ' bargaining power is weak, and the barriers to entering the high generation glass substrate market are determined by factors.

Facing this kind of development present situation, Li Chaoting proposed, should support the industrial development from four dimensions, break through the current industry bottleneck, for domestic enterprises to win more industry discourse right.

Li Chaoting's recommendations include "supporting domestic enterprises in building large glass substrates, strengthening capital market support for high generation glass production line construction, perfecting supporting industrial policies, and supporting forward-looking glass substrate development".