Ministry of Commerce: Setting artificial limits on economic and trade exchanges between China and the United States in the semiconductor industry harms others and benefits oneself

On the afternoon of September 14th, the Ministry of Commerce held a press conference to introduce the recent key work in the business field and answer questions from reporters.

At the meeting, a reporter asked that US Secretary of Commerce Raymondo recently claimed that the United States will continue to sell "billions of dollars" of chips to China, but will not sell "the most powerful" or "cutting-edge" chips to China. What is the comment of the Ministry of Commerce on this?

The spokesperson of the Ministry of Commerce, He Yadong, stated that the US measures to restrict the export of chips to China go against market rules, disrupt the global semiconductor market, not only harm the legitimate rights and interests of Chinese companies, but also seriously affect the interests of global semiconductor companies, including American companies. China is the world's largest semiconductor market. Artificially restricting economic and trade exchanges between China and the United States in the semiconductor industry is detrimental to others and not beneficial to oneself.

China has always adhered to openness, inclusiveness, and win-win cooperation, and will continue to increase its openness to promote global scientific and technological exchanges and economic and trade cooperation.