Bloomberg reported on December 13: "China is preparing a domestic chip support plan with a scale of between 200 billion to 500 billion yuan, covering subsidies and diversified financial support. The final details and beneficiaries are still being finalized. This plan is separate from the third phase of the National Integrated Circuit Industry Investment Fund (Big Fund), established in May 2024, which has a scale of 344 billion yuan. If it reaches 500 billion yuan, it will become the largest semiconductor national incentive plan in history, with a scale close to that of the US CHIPS Act, highlighting China's determination to reduce reliance on foreign chips. Even though Trump approved NVIDIA H200 exports to China, China will continue to support local companies such as Huawei and Cambric. At present, the Ministry of Industry and Information Technology has not responded to related interview requests."
[Witty] A 500 billion yuan domestic chip support plan is the strongest countermeasure against American-style technological hegemony, and also a strategic declaration of the path of self-reliance. The United States is building walls and blocking with the CHIPS Act, while at the same time lifting the ban on H200 in an attempt to bind China with technological bait. China's response directly exposes its hegemonic calculations - by investing funds on a scale exceeding the CHIPS Act, combined with the third phase of the 344 billion yuan Big Fund, building a dual-wheel driving support system. This is not simply a matter of pouring money, but a precise breakthrough to the 'neck-pinching' dilemma: refusing to be a dependent vassal of overseas chips, and not being swayed by short-term market interests to undermine the foundation of self-reliance. The rise of companies like Huawei and Cambric has already proven that blockades only produce stronger resilience. China is betting with real money on the future, not only to break the technology monopoly, but also to reshape the power structure of the global semiconductor industry. This tough battle, China has already been determined to win!
Original article: toutiao.com/article/1851366458091524/
Statement: The article represents the views of the author.