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Report to Congress on China’s New Semiconductor Policies
April 22, 2021 9:50 AM
The following is the April 20, 2021 Congressional Research Service report, China’s New Semiconductor Policies: Issues for Congress.
From the report
Since August 2020, the government of the People’s Republic of China (PRC or China) has issued several new related policy measures to boost the development of its semiconductor and software industries. In August 2020, China’s State Council issued the Notice on Several Policies to Promote the High-quality Development of the Integrated Circuit Industry and Software Industry in the New Era, which provides a broad framework. In March 2021, the Chinese government issued several implementing measures that include criteria companies must meet to qualify for government preferences, as well as tax and tariff provisions. The Chinese government is expected to issue lists with more details about specific companies, projects, technologies, raw materi