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China's strong investment in the development of the semiconductor industry's determination and action in the past two years has been demonstrated, for which China also spent 150 billion US dollars to set up a large fund to promote industrial development.

Considering the technical and financial problems faced by Chinese companies in the semiconductor industry, the government is helping and fostering it, but China's so generous investment has also made Europe and the United States feel uneasy. US Secretary of Commerce Wilbur Ross has said that although the US semiconductor industry remains Dominated the global market, but will be threatened by China's development of the semiconductor, he also referred to the United States to consider invoking the national security bill to investigate this.

Sources from Reuters said US Commerce Secretary Wilbur Ross said that semiconductor is one of the brightest industries in the United States, but now it has begun to shift from surplus to deficit. He also mentioned China's semiconductor industry development plan, saying that "from now to 2025, China will invest 150 billion US dollars to develop the semiconductor industry, which is too scary." For the development of China's semiconductor industry, this is not the US government officials Once made a warning.

Wilbur Ross's former business minister, Penny Pritzker, made a similar statement at the end of last year, arguing that China's massive investment in the semiconductor industry could distort the global semiconductor market, damaging excess capacity and stifling innovation.

Wilbur Ross said he understands the logic of the Chinese government's development of the semiconductor industry, but it will be a struggle from the US trade point of view. For this problem, Wilbur Ross said the US Department of Commerce is considering invoking the national security clauses of the 1962 Trade Expansion Act because the semiconductor chips are of great military significance and can be used for military hardware and the entire national economy-related products.


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