On December 23, the office of the United States Trade Representative (USTR) announced the launch of the 301 investigation into Chinese Semiconductor industry policies. At the press conference held by the CCPIT today, the ccpit, on behalf of the Chinese business community, responded to this and expressed its firm opposition.
In recent years, the US has been continuously upgrading its export control measures on semiconductors to China, including Chinese Enterprises on the list of export control entities, which has had a serious impact on Semiconductor industry co-operation between China and the US, and to China and the United States automotive, telecommunications and other industries. The 301 case against the Chinese Semiconductor industry, which the WTO has already ruled violates WTO rules, is a classic case of protectionism.
The US has blocked Semiconductor industry co-operation with China while Semiconductor industry large subsidies that have given US companies a dominant position in the global semiconductor market. This not only violates the principle of fair competition, but also has a serious impact on the resilience and stability of global Semiconductor industry supply chains. It also adversely affects a new round of technological and industrial revolution around the world.
Sun Xiao, spokesman for the China Council for the promotion of trade, said the Chinese business community called on the United States to abide by WTO rules, immediately stop taking unilateral restrictive measures, and promote industrial cooperation through dialogue and consultation, we will jointly safeguard the security and stability of the global industrial chain supply chain and inject more impetus and certainty into the world economy.