The objective of the consortium is to promote the adoption of RISC-V in China by building exchange platforms for the industry to promote the application of RISC-V, facilitating a RISC-V talent cultivation plan in universities and promoting  cooperation among its members.

VeriSilicon chairman Dai Weimin, who is the consortium chairman, says RISC-V is an opportunity for Chinese companies to compete on a level playing field with Western companies

The market driver is expected to be IoT where China is expected to have a huge demand and where RISC-V could become the standard architecture.