The spokesperson of the Ministry of Commerce stated that china noticed that the usa released semiconductor export control measures against china on December 2. This measure further tightens export controls on semiconductor manufacturing equipment, storage chips, and other items to china, adds 136 chinese entities to the export control entity list, and expands extraterritorial jurisdiction, meddling in trade between china and third countries; this is a typical act of economic coercion and non-market behavior. The usa is inconsistent in its statements and continuously broadens the concept of national security, abuses export control measures, and implements unilateral bullying practices. China firmly opposes this. The semiconductor industry is highly globalized, and the usa's abuse of control measures severely obstructs normal economic and trade exchanges between countries, seriously undermines market rules and international economic and trade order, and poses a serious threat to the stability of the global industry chain and supply chain. The global semiconductor industry, including usa companies, has been severely affected. China will take necessary measures to firmly safeguard its legitimate rights and interests.
商务部新闻发言人就美国发布半导体出口管制措施有关问题答记者问
The spokesperson of the Ministry of Commerce answered reporters' questions regarding the usa's semiconductor export control measures.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.