In a July 12 letter [http://docs.chinatrademonitor.com/mccaul-ymtc.pdf] to Commerce Secretary Gina Raimondo, Congressman Michael McCaul (R-TX) and Senator Bill Hagerty (R-TN) argued that Chinese semiconductor maker Yangtze Memory Technologies Company (YMTC) should be included on the Commerce Department's Entity List [https://www.bis.doc.

On July 27, the State Council issued the Several Policies for Promoting the High-quality Development of the Integrated Circuit Industry and Software Industry in the New Era (国务院关于印发新时期促进集成电路产业和软件产业高质量发展若干政策的通知 [http://www.gov.cn/zhengce/content/2020-08/04/content_5532370.htm]). The Several Policies put forward 37 policy measures to promote the