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Industry News

A document jointly issued by NDRC, MOF and MIIT to expand glass and other new material industries

Date:2014-11-15


Recently National Development and Reform Commission (NDRC), the Ministry of Finance and the Ministry of Industry and Information Technology (MIIT) jointly issued the Implementation Plan of the Updating and Upgrading Project of Critical Materials, the main tasks of which included the development of high-performance functional materials needed by the progress of the new-generation information technology industry: New-generation semiconductor materials and new-type glass materials; high-end materials urgently needed by marine engineering equipment industry and reef construction (including high-end metal materials needed by marine engineering equipment industry and new-type building materials and anti-corrosive paints needed by reef construction); new materials needed by energy conservation and environmental protection industry (including new materials used for atmospheric pollution control, and new-type energy-conservation building materials; and other new materials urgently needed by advanced rail transit equipment and other related industries).
The plan proposed that, by 2016, the stable volume production and scale applications of about 20 types of major new materials should have been realized, including large-size monocrystalline silicon, wide bandgap semiconductors and devices, new-type panel display glass, graphene, PM2.5 filter materials, high-performance Low-E glass, high-speed railway wheel sets, invar alloy thin belts for LNG ships, titanium alloy tubes, seawater concrete, new-type anti-corrosive paints and so forth, which would be urgently needed by the progress of industries like new-generation information technology, energy conservation & environmental protection, marine engineering, advanced rail transit equipment, etc. It also suggested that a new-type mutually advantageous and closely cooperative relationship should be built between material manufacturers and major model application enterprises, with a clearly defined benefit-sharing mechanism, and that around 30 new material enterprises should be cultivated, which would have a relatively strong and sustainable innovation ability and market influence.
By 2020, continuously focusing on the needs of strategic emerging industries and major national economic construction projects like new-generation information technology, aerospace, advanced rail transit, marine engineering, new energies, new energy automobiles, etc., the stable scale production and applications of more than 50 types of major new materials should have been highlighted and realized. With the significant improvement of both the innovation ability of new material industries and the self-sufficiency rate of critical materials, a batch of new material enterprises with a relatively strong and sustainable innovation ability and market influence should have been cultivated, and the innovation ability and market influence of some enterprises should have reached an internationally advanced level.
The plan also proposed that venture capital investment and equity investment in new material industrialization and major application enterprises should be encouraged to effectively expand the financing channels of new material enterprises, and that financial institutions should be encouraged to flexibly employ multiple financial instruments to support the rapid development of new material enterprises with good reputation, broad market prospect and high benefits.