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How China’s ‘Hefei model’ spawned a chipmaker’s multibillion-dollar IPO plan

  • Posted on June 8, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
How China’s ‘Hefei model’ spawned a chipmaker’s multibillion-dollar IPO plan
How China’s ‘Hefei model’ spawned a chipmaker’s multibillion-dollar IPO plan

City government has leveraged over 220 billion yuan in state-owned capital to drive project investment in emerging industrial clusters.
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Author
South China Morning Post

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