China's Concerns Over U.S. Semiconductor Policies Intensify

China's commerce minister discussed concerns with U.S. Secretary of Commerce Gina Raimondo regarding U.S. semiconductor policies and restrictions on Chinese vehicles. He urged prompt action to lift sanctions on Chinese companies and called for clarity on national security boundaries in trade to ensure stable supply chains.

In a recent conversation, China's commerce minister conveyed "serious concerns" to U.S. Secretary of Commerce Gina Raimondo about U.S. semiconductor policies and restrictions impacting Chinese connected vehicles.

The minister emphasized the need for the U.S. to swiftly address these issues by lifting sanctions imposed on Chinese companies, as outlined in a ministry statement released post-call.

The minister further stressed the importance of demarcating national security boundaries in economic and trade frameworks to secure stable global supply chains and foster positive bilateral business relations.

(With inputs from agencies.)