A chip manufacture machine Photo: VCG

China's integrated circuits (IC) or semiconductor chips export surged by nearly 30 percent in the first two months of 2024 amid the country's efforts to climb up the global technological ladder, despite mounting assaults by the US and its allies to slow down China's technology rise. 

IC exports reached 160.71 billion yuan ($22.33 billion) during the first two months of 2024, with an annual increase of 28.6 percent, data from the General Administration of Customs showed on Thursday. 

IC exports were among a number of high-tech products that have experienced robust growth during the January-February period. 

Beside IC, the exports of automatic data processing equipment increased by 7.3 percent year-on-year to reach 195.45 billion yuan and auto exports soared by 15.8 percent from the same period last year to reach 111.89 billion yuan. 

The robust growth of high-tech products reflect that China's efforts in transforming and upgrading its industries is paying off , and the tech suppression by a number of Western countries have largely failed and have actually boosted China's tech competitiveness as the country put more efforts in achieving self-sufficiency in high-tech products such as chips, analysts said. 

China's chip self-sufficiency rate may increase to 30-35 percent as many domestic chipmakers have expanded manufacturing since the US launched its tech war against China several years ago, said Xiang Ligang, director-general of the Beijing-based Information Consumption Alliance.

Zheng Shanjie, head of the National Development and Reform Commission, the country's top economic planner, said at a press conference held during the ongoing two sessions that China's economy was off to a good start in the first quarter this year, with preliminary economic indicators such as electricity use, exports, and bank loans pointing to a strong recovery of the economy.