On November 8, the Chinese side took note of the statement issued by Dutch Minister of Economy Karemans on November 6, but so far it has not seen any actual actions by the Dutch side to stop infringing on the legitimate rights and interests of Chinese enterprises and restore the stability of the global semiconductor supply chain. In line with a responsible attitude towards the stability and security of the global semiconductor supply chain, the Chinese side announced on November 1 that it would ...
According to the US "Washington Post" report, on August 22, Nvidia CEO Huang Renxun visited TSMC and revealed that the company is in talks with the US government to discuss exporting a new type of artificial intelligence chip to China. Previously, sources revealed that Nvidia is developing an AI chip called B30A for the Chinese market, which will exceed the performance of the previous H20 chip. In response, Huang Renxun said: "We are providing a new product to China, which is a follow-up to H20,...
The Ministry of Commerce replied to a reporter's question on the US approval of the sale of NVIDIA H20 chips to China: We expect the US and China to meet each other halfway, correct their wrong practices through equal consultations, create a good environment for mutually beneficial cooperation between enterprises of both sides, and jointly maintain the stability of the global semiconductor production and supply chain.
Analysts sharply raised the target price of Nvidia, expecting the market value to break through the $5 trillion mark due to the resumption of H20 sales to China.
On June 3, 2025, Wang Yi, a member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with the new US Ambassador to China, Pang Dewei, in Beijing. Wang Yi stressed that after the Geneva economic and trade talks, China has earnestly and strictly implemented the consensus reached between the two sides. However, it is regrettable that the US has recently taken a series of negative measures for unwarranted reasons, which have damaged China's legitimate rights and interest...
On February 16th, China Agricultural Reinsurance joint stock company announced that its controlling shareholder, the Ministry of Finance, will transfer all its shares in China Agricultural Reinsurance (55.90% of the total share capital) to Central Huijin Investment Co., Ltd. for free. After the transfer is completed, the Ministry of Finance will no longer hold any equity in China Agricultural Reinsurance, and Central Huijin will hold about 55.90% of China Agricultural Reinsurance and become the ...
On December 27, the visa fee reduction measures for Chinese embassies and consulates abroad will be extended until December 31, 2025. For details, please consult the local Chinese embassy and consulate.
On December 24, Foreign Ministry Spokesperson Lin Jian announced that at the invitation of Wang Yi, a member of the Political Bureau of the CPC Central Committee and Foreign Minister, Serbian Foreign Minister Ritchie will pay an official visit to China from December 19 to 21.
On December 3rd, the China Semiconductor Industry Association released a statement saying that on December 2nd, the US government announced a new round of export restrictions to China, adding more than 140 Chinese companies to the trade restriction list, involving semiconductor manufacturing equipment, electronic design automation tools and other types of semiconductor products. The China Semiconductor Industry Association expresses serious concern and firm opposition to this. The China Semicond...
On November 25th, Foreign Ministry Spokesperson Mao Ning chaired a regular press conference. Reuters reporter asked, the US Chamber of Commerce said that the Biden administration will announce new restrictions on chip exports to China as early as next week. What is the Foreign Ministry's comment on this? Mao Ning said that China has always firmly opposed the US to generalize the concept of national security, abuse export control measures, and maliciously block and suppress China. This behavior s...