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Chinese semiconductor industry accused the US of discrimination due to new restrictive measures

Chinese semiconductor industry accused the US of discrimination due to new restrictive measures

Chinese authorities have already formally protested the adoption of a package of laws by their US counterparts, which provides companies with subsidies to build facilities in the US in exchange for, among other things, a promise not to develop production in China for ten years.
In any case, vice chairman of the China Semiconductor Industry Association Yu Xiekang said without going into details at an event in Nanjing that parts of the US package of laws \"clearly discriminate against China\" and that the US initiative generally aims to support China's competitors in the foreign policy arena.
According to the industry association, some clauses of the US government's subsidy program for the national semiconductor industry contradict the fair trade principles supported by the WTO.According to Yu Sekan, the Chinese authorities should continue to support the national semiconductor industry in order to eliminate bottlenecks that hinder its further technological development.
Others at the event added that the U.S.
package of laws introduces more uncertainty into the development environment of the entire global industry, and Chinese authorities, educational institutions and companies should counteract this together.

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