On July 24, the State Council held a press conference on the development of the industrial communications industry in the first half of 2018. In response to a reporter's question, Huang Libin, spokesperson of the Ministry of Industry and Information Technology, said that in the first half of the year, China's IC production reached 85 billion, an increase of 15%. The integrated circuit industry is the forerunner of the national economy and social development, and the pillar industry. In recent years, China's integrated circuit industry has achieved rapid development: First, the scale of the industry has grown steadily. In 2017, the sales of the IC industry reached 560 billion yuan, with 2012. The annual ratio has more than doubled. Second, the core technology has made breakthroughs. The chip design level has been improved by 2 generations, the manufacturing process has been upgraded by 1.5 generations, and the processes like 32 and 28 nanometers have achieved large-scale mass production. The third is the backbone enterprise. The strength is strengthening, such as Haisi, Ziguang, and Zhan Rui are ranked sixth and tenth largest chip design companies in the world respectively. Fourth, industrial investment has grown substantially. In the past three years, the annual investment of the whole industry has exceeded 100 billion yuan. More than twice as many as in 2012, the memory achieved a strategic layout, and the layout of the manufacturing industry was initially effective.