Since the Eighth Five-year Plan period (1991-1995), China’s electronics Industry has obtained remarkable success, especially in the technical level, product level, industrial structure, operational mechanism and managerial mode, which are expressed as follows: 1. The major targets for the electronics industry under the Eighth Five-year Plan were reached two years ahead of schedule. The electronics industry enjoyed an average annual growth rate of 26% in total output value in the three years from 1991 to 1993. During the Eighth Five-