On February 3^rd , the inauguration ceremony of the International Trading Center for Electronics Components and Integrated Circuits was successfully held in Beijing. The trading center, co-led by CEC and Shenzhen Investment Holdings Co., Ltd., was jointly established with 11 central state-owned enterprises, state-owned enterprises, and private enterprises. With a registered capital of 2.128 billion RMB, the Center would aim to create a new platform for market access for electronics components and integrated circuits companies and products, promoting the integration of upstream and downstream supply chains and industrial clusters.