CCTV News: According to the Ministry of Commerce website, on January 15, a spokesperson for the Ministry of Commerce made a speech on the recent series of U.S. trade restrictions on China-related trade. For some time, the Biden administration has used its remaining term to intensively introduce trade restrictions on China, and has continuously upgraded semiconductor export controls to China on the grounds of so-called national security, restricted the use of China's connected vehicle software and hardware and complete vehicles in the United States, initiated information and communication technology and service security reviews on drone systems in China and other countries, and sanctioned many Chinese companies. In addition, many Chinese entities were listed as "notorious markets". China strongly dissatisfied with this and firmly opposed it.
The relevant measures of the Biden administration seriously infringe on the legitimate rights and interests of Chinese companies, seriously undermine market rules and international economic and trade order, seriously threaten the stability of the global industrial chain and supply chain, and damage the interests of enterprises from all over the world, including American companies. Many major American companies and industrial associations have clearly expressed their opposition to some measures, and some countries and regions have also expressed their disunderstanding and disagreement. Related practices are typical economic coercive behaviors and bullying, which are neither rational nor extremely irresponsible. They not only cause damage to China-US economic and trade relations, but also seriously affect the stable development of the global economy.
The Biden administration says that one thing can do another, and relying on sanctions, containment and suppression will not stop China's progress, and will only enhance China's confidence and ability to be self-reliant and scientific and technological innovation. China will take measures to resolutely safeguard its sovereignty, security and development interests.
