China's Xi urges greater innovation amid tech curbs from US

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China's Xi urges greater innovation amid tech curbs from US
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Mr Xi said China should accelerate the upgrades of key technologies and core products. Read more at straitstimes.com.

BEIJING - China’s President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies curbs on Chinese access to advanced technologies.state-run Xinhua news agency reported on Friday, citing Mr Xi during his visit to a company’s high-tech manufacturing zone in eastern Jiangsu province.

Mr Xi’s call to strengthen technological innovation comes as US-China tensions over semiconductors that began with the Trump administration’s trade war intensify under President Joe Biden’s leadership. The United States is also considering restricting flow of its investments and know-how into Chinese companies working on advanced semiconductors, artificial intelligence and quantum computing.

Earlier this week, China abruptly announced export controls of two metals widely used in semiconductors and electric vehicles aimed at protecting its national security and interests, with Chinese state media and a policy adviser saying it was “just a start.”

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