Beijing warns countermeasures as Japan’s export controls on chip-making tools may hurt cooperation скачать в хорошем качестве

Beijing warns countermeasures as Japan’s export controls on chip-making tools may hurt cooperation

Shenzhen TV: On March 31, Japan’s Ministry of Economy, Trade and Industry announced that it will amend an ordinance under the Foreign Exchange and Foreign Trade Act and tighten export controls over 23 high-performance semiconductor manufacturing equipment under six categories. Many media outlets believe this move targets China and that Japanese companies may find it hard to export relevant products to the Chinese market. What’s China’s comment?  Mao Ning: A few days ago, Japan announced it will tighten export controls of high-performance semiconductor manufacturing equipment, which is believed by many that this is meant to restrict China-Japan cooperation in the semiconductor sector. China has made serious démarches to the Japanese side at various levels to express our strong discontent and grave concerns. Japan expressed many times in its communication with China that the two countries enjoy close economic and trade ties and that Japan is committed to advancing cooperation with China and will not seek to “cut China out”. We hope Japan can act on such statements, take an objective and fair position and follow market principles, proceed from its long-term interests, keep the global industrial and supply chains stable and smooth, defend the free and open international trade order and safeguard the shared interests of the two countries and the companies of both sides. China is the world’s biggest market of semiconductors. China’s import of integrated circuits is close to $600 billion every year. China is the largest export market of Japan’s semiconductor sector, with an annual volume of more than $10 billion. China accounts for a quarter of Japan’s export of semiconductor equipment. The two sides have been conducting win-win cooperation in this sector. The potential export control targeting China will not only affect the industrial and supply chains of semiconductors in the region and the wider world, and will also hurt Japanese companies. We hope Japan can be prudent when making decisions and avoid creating new complex factors to mutual trust and bilateral relations. China will assess the impact of Japan’s export control policy. If Japan imposes restrictions on normal cooperation in the semiconductor sector between the two countries and seriously undermines China’s interests, China will act firmly in response rather than sit idly by. __________________ ShanghaiEye focuses on producing top-quality contents. Nobody knows SHANGHAI better than us. Please subscribe to us ☻☻☻ __________________ For more stories, please click ■ What's up today in Shanghai, the most updated news of the city    • Плейлист   ■ Amazing Shanghai, exploring the unknown corners of the city, learning the people, food and stories behind them    • Amazing Shanghai and China 淘宝魔都玩转中国   ■ What Chinese people's lives are like during the post COVID-19 period    • COVID-19 新冠疫情   ■ Views of foreign scholars on China and its affairs    • Voices, Let's Listen! 听她他说   ■ Foreign faces in Shanghai, people living in this city sharing their true feelings    • Плейлист   ■ Mini-docs showing why China is the country it is today    • Stories & Documentary 奇闻逸事记录中国   __________________ ☎Leave us messages if you have any suggestions or questions! Thank you!