During the regular press conference held by the China Council for the Promotion of International Trade in October, a reporter asked that according to media reports, “the United States is considering implementing new restrictions on the export of artificial intelligence (AI) chips to China. May I ask if the business community has any comments on this?”
Zhang Xin, spokesperson for the China Council for the Promotion of International Trade, stated that the newly released US semiconductor export control rules to China have further tightened restrictions on the export of artificial intelligence related chips and semiconductor manufacturing equipment to China, and have included multiple Chinese entities in the “physical list” of export controls.
Zhang Xin pointed out that these measures taken by the United States seriously violate the principles of market economy and international economic and trade rules, exacerbating the risk of global semiconductor supply chain tearing and fragmentation. The ban on chip exports to China implemented by the United States since the second half of 2022 is profoundly changing global supply and demand, causing an imbalance in chip supply in 2023, affecting the global chip industry landscape and harming the interests of companies from various countries, including Chinese companies.
Zhang Xin emphasized that the Chinese business community firmly opposes the US approach of harming others and not benefiting oneself. He hopes that the US will lift relevant restrictive measures, face the reasonable concerns of the global business community regarding open cooperation, and also calls on relevant enterprises from all countries to maintain mutual trust and cooperation spirit, and jointly maintain the safety, stability, and smooth flow of the global industrial chain supply chain.