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China's push for chip self-sufficiency

12 de março de 2023 Hi-network.com

Economic self-sufficiency was echoing messages during China's two-session events. In particular, China insists on being self-sufficient in the production of microchips.

It is part of new digital geopolitics with US export restrictions on chips and technologies for thier produciton.

Chinese vice-premier Liu He recently announced the 'China Chip Act'plans to boost the local chip industry via both state and market power for growth.

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