Semiconductors just got a diplomatic spotlight! Chinese Commerce Minister Wang Wentao and Dutch trade chief Geoffrey van Leeuwen met in Beijing this week to discuss critical tech collaboration, specifically around lithography machines – the ultra-precise tools needed to manufacture advanced chips.
Wang emphasized China's view of the Netherlands as a 'reliable partner' and urged smooth trade flows for these high-tech exports. 'Maintaining stable global semiconductor supply chains isn’t just business – it’s about innovation security,' he stated. The talks come as chip shortages continue to ripple through industries worldwide, from smartphones to EVs.
Van Leeuwen responded that the Netherlands sees China as a top trading ally and aims to keep supply chains 'safe and controllable' while addressing export controls. 'Our decisions are independently assessed, not targeting any nation,' he clarified, nodding to ongoing geopolitical tensions.
Why it matters: With AI and quantum computing racing ahead, this collab could decide who leads the next tech era. Both sides hinted at future R&D partnerships – stay tuned!
Reference(s):
cgtn.com