No force can stop the rate of China’s tech advance

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THE HAGUE, NETHERLANDS – MARCH 23: Dutch Prime Minister Mark Rutte meets the President of the People’s Republic of China Xi Jinping at the Catshuis March 23, 2014 in The Hague,Netherlands (Photo by Valerie Kuypers-Pool/Getty Images

Valerie Kuypers-Pool|Getty Images News|Getty Images

China’s technological development can not be stopped, Chinese President Xi Jinping informed Dutch Prime Minister Mark Rutte when they fulfilled in Beijing Wednesday for talks on locations such as the vital semiconductor market.

“The Chinese people also have legitimate development rights, and no force can stop the pace of China’s scientific and technological progress,” stated Xi, according to Xinhua News Agency.

Xi stated China will “continue to pursue a win-win approach.”

Relations in between China and the Netherlands have actually been strained considering that the the Netherlands, together with the U.S., obstructed exports of sophisticated chip innovation to China over issues they might be utilized for military functions.

Semiconductor chips are vital elements which can be discovered in whatever from smart devices to autos.

Dutch tech huge ASML has actually been disallowed from exporting severe ultraviolet lithography devices to China– it is the only business presently efficient in making such devices To date, it has actually not delivered a single EUV maker to China yet.

Such EUV lithography devices are essential for chip production and are utilized by business like Taiwan’s TSMC to make the tiniest and most advanced chips.

In January, the Netherlands disallowed ASML from exporting a few of its deep ultraviolet lithography systems to China, which are utilized to make a little less sophisticated chips.

Beijing knocked the Dutch federal government’s relocation, prompting the Netherlands to “uphold an objective and fair position and market principles” and “protect the shared interests” of the 2 nations and their business.

“Creating scientific and technological barriers and severing industrial and supply chains will only lead to division and confrontation,” Xi stated Wednesday, according to Xinhua state media.

He stated cooperation is the only method and included that “decoupling and breaking the chain” is not a choice.

Xi stated China is prepared to continue discussion with the Netherlands and advised the Dutch side to “provide a fair and transparent business environment for Chinese enterprises.”

According to Reuters, Rutte stated Wednesday the Netherlands attempted to make sure that export limitations, when associated with semiconductor market and business like ASML, are never ever focused on one nation. “We always try to make sure the impact is limited,” he was priced quote as stating.

Chinese state media reported that Rutte reacted by stating decoupling is not a policy option for the Dutch federal government either, “since any act undermining China’s development interests will only boomerang.”