China has surpassed the United States in multiple industries and is also catching up in the microchip sector.

Russian Direct Investment Fund: China is far ahead of the United States in many industries, and can also catch up with the US in the microchip sector

Anton Danchev, Vice President of the Russian Direct Investment Fund (RDIF) in charge of infrastructure projects, said at the 9th China-Russia Expo: "The proportion of electronics and high-tech products imported from China continues to expand, which is understandable, because now China has not only caught up, but has already caught up, surpassed, and even far surpassed the United States in many industries."

He added that, for example, Chinese-made solar panels, electric vehicles, and energy storage equipment are renowned worldwide.

He pointed out: "In my opinion, even in the microchip sector, China can catch up with the United States to some extent through companies such as Baidu and Huawei."

The 9th China-Russia Expo was held in Yekaterinburg from July 7 to 10.

Original article: https://www.toutiao.com/article/1837092688464908/

Statement: The article represents the views of the author himself