At a Center for Strategic and International Studies (CSIS) event last week that brought together experts from the U.S. and South Korea, Alan Estevez, the Under Secretary of Commerce for Industry and Security at the U.S. Department of Commerce, discussed several issues related to export controls on semiconductors

Guangzhou, the capital of Guangdong province, recently announced two investment funds that would incentivize innovation and industrial development in semiconductors, advanced manufacturing, and other emerging industries.

The China Semiconductor Industry Association (CSIA) issued a statement in response to a reported agreement between the governments of the United States, Japan and the Netherlands, and called for global defense of "the globalization of the semiconductor industry" and urged the Chinese government to provide a better "

Many Chinese local governments have recently announced investment projects for 2023, with a planned investment of 3.36 trillion yuan (approximately US$490 billion) this year. Many of them focus on advanced manufacturing, as China is facing increasingly restricted access to advanced technology due to export controls, investment screening and

Last week, China filed a revised version of its WTO consultations request in the dispute over U.S. semiconductor restrictions, switching from "multilateral" consultations that other governments can join to "bilateral" consultations that they cannot.

Today, the foreign minsters of China and Japan held a phone call, during which both sides stressed their concerns about trade restrictions, while highlighting areas for cooperation.

At a WTO Committee on Subsidies and Countervailing Measures meeting last October, China asked questions about two major U.S. subsidy measures, related to electric vehicles and semiconductors. The U.S. recently provided responses.