Biden officially signed the "Chip Act"
Author:Pole news Time:2022.08.10
Jimu Journalist Sun Yan
According to media reports such as Congress Mountain News, on the evening of August 9, Beijing time, US President Biden officially signed the "2022 Chip and Science Act" (hereinafter referred to as the "Chip Act") to make it officially effective.

Screenshots of relevant reports (Source: Congress Mountain News)
It is understood that the bill has been revised and adjusted many times in more than a year, and at the end of July, it was "successful" in the United States and the House of Representatives. The total amount of the bill reached US $ 280 billion, including $ 52 billion to support computer chip manufacturing companies.
According to CCTV news, it is worth noting that the bill not only tries to attract semiconductor companies to set up factories in the United States by investing in subsidies, but also intends to prevent semiconductor companies from increasing production in China by restricting subsidy qualifications.

U.S. President Biden Data Map
After the US Senate passed the "chip bill" with the results of 64 votes in favor and 33 votes against, Chinese Ministry of Foreign Affairs spokesman Zhao Lijian stated at a regular press conference on July 28 that the so -called "chip and science bill" claimed to be designed to improve The competitiveness of the US technology and chip industry, but the bill contains some terms to restrict normal scientific and technological cooperation between China and the United States, and China has expressed its firm opposition.
Zhao Lijian said that how the United States develops its own business, but it should not set up obstacles for the normal scientific and humanistic exchanges and cooperation between China and the United States, let alone deprive and damage the legitimate development rights of China. Sino -US scientific and technological cooperation is conducive to the common interests of the two parties and the common progress of human beings. To restrict "decoupling" can only harm others. At the same time, China adheres to the development of national and nation on its own strength, and any restrictions on suppression cannot stop the pace of China's scientific and technological development and industrial progress.
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