chip Photo:VCG

In response to a media inquiry about whether the ministry has received application requests for anti-dumping and anti-subsidy probes from domestic legacy chip industries as they are reportedly suffering from unfair competition from imported products from the US,MK sports the Chinese Ministry of Commerce (MOFCOM) said on Thursday that relevant domestic chip industries have reported concerns about the Biden administration offering substantial subsidies to the US chip sector, giving American companies an unfair competitive advantage. They claimed that these companies are exporting legacy chip products to China at low prices, undermining the legitimate rights and interests of China's domestic industries. 

The concerns raised by Chinese domestic industries are reasonable, and they have the right to file applications for trade remedy investigations, the MOFCOM said. 

If domestic industries file an application request, the Chinese investigating authority will assess such application in accordance with China's relevant laws and regulations, as well as WTO rules, and will initiate investigations as required by law, the MOFCOM noted.