A spokesman for the Ministry of Commerce will answer reporters by the United States through the "Chip and Science Act"

Question: Recently, the United States will pass the Chip and Science Act.Some commented that the bill aims to enhance the advantages of the United States in the chip field and compete with China.What does China respond to this?

Answer: China has noticed that the United States has recently passed the "Chip and Science Act".The bill provides huge subsidies for the US local chip industry and is a typical differentiated industrial support policy.Some clauses restrict the normal economic and trade and investment activities of enterprises in China will distort the global semiconductor supply chain and disturb the international trade.China pays great attention to this.The implementation of the US bill should comply with the relevant rules of the WTO, in accordance with the principles of openness, transparency, and non -discrimination, which is conducive to maintaining the security and stability of the global industrial chain supply chain and avoiding fragmentation.China will continue to pay attention to the progress and implementation of the bill, and take strong measures to safeguard its legitimate rights and interests if necessary.

Source: Ministry of Commerce Meida Division

Edit: Rican Dan

Repeated school: Du Shuang, Wang Ya, Li Dandan, Zhang Yingxue

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