Department of Commerce: Resolutely oppose the US "Chip and Science Act", which will disrupt international trade

China Youth Daily Client, Beijing, August 18th (China Youth Daily · Zhongqing.com reporter Ning Di) In response to the "Chip and Science Act" adopted by the United States a few days ago, this afternoon At the press conference, some terms in the "Chip and Science Act" restricted the normal economic and trade and investment activities of enterprises in China, which has obvious discrimination and seriously violates market rules and international economic and trade rules. Causes distortion and disturb the international trade. "China has resolutely opposed it."

After the "Chip and Science Act" passed, some lawyers analyzed that the financial funding of the chip manufacturing industry in the bill has suspected of constituting prohibited subsidies and appealing subsidies. Requirements of national treatment.

Shu Jingsing pointed out that the United States has introduced the "Chip and Science Act" to provide huge subsidies and tax incentives for the US local chip industry, which is a typical differentiated industrial support policy. 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 implementation of the bill, and take strong measures to safeguard its legitimate rights and interests if necessary."

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