Research on China's Chip Industry Policies in the Context of the China-US Trade War

Abstract

China and the US have always been important trading partners, but the huge unilateral trade deficit of the US has led the Trump administration to launch a "trade war" against China in an attempt to reverse the trade deficit through tariffs. In the Sino-US trade war, the US has launched a "301" investigation against Chinese companies, targeting China's high-tech sector. The United States has added Huawei, SMIC and other leading domestic chip companies to its list of entities, which has seriously hindered the development of China's chip industry. Before the Sino-US trade war broke out, China could import high-end chips from the US, but after the trade war, the US cut off the supply of high-end chips to China. Chip is the foundation of semiconductor technology enterprises and the strategic basis of national development. But China is not deeply involved in this strategic industry and faces a bottleneck in key technologies.