The Ministry of Commerce responds to the negotiations between Anshi Semiconductor and the Netherlands: China welcomes the Dutch side's initiative to suspend the executive order

Beijing, November 19 (Xinhua) -- A spokesperson for the Ministry of Commerce stated on November 19 that on November 18 and 19, government departments from China and the Netherlands held two rounds of face-to-face consultations on the issue of Anshi Semiconductor in Beijing. The Dutch side voluntarily proposed to suspend the administrative order issued by the Dutch Minister of Economy and Trade under the Goods Availability Act. The Chinese side welcomes the Dutch side's initiative to suspend the administrative order.

A reporter asked: How have the recent consultations between China and the Netherlands been regarding the issue of Anshi Semiconductor? The spokesperson of the Ministry of Commerce made the above response to this.

The spokesperson said that during the consultations, the Chinese side once again emphasized that the source and responsibility for the current chaos in the global semiconductor supply chain lies with the Dutch side. They urged the Dutch side to take practical actions, quickly and effectively promote the early resolution of the Anshi semiconductor issue, and restore the security and stability of the global semiconductor supply chain. The Dutch side voluntarily proposed to suspend the administrative order issued by the Dutch Minister of Economy and Trade under the Goods Availability Act.

The spokesperson said that the Chinese side welcomes the Dutch side's initiative to suspend the executive order, believing that this is the first step in the right direction towards a proper solution to the problem. However, there is still a gap between resolving the root cause of the turbulence and chaos in the global semiconductor supply chain and revoking the executive order. At the same time, the erroneous ruling by the Dutch Ministry of Economy's corporate court to strip Wentai Technology of its control over Dutch Anse remains a key obstacle to resolving the issue. We hope that the Dutch side will continue to demonstrate a sincere willingness to cooperate with China and truly propose constructive solutions to the problem. Both parties agree to cancel administrative intervention and support and promote enterprises to resolve internal disputes through consultation in accordance with the law, which not only protects the legitimate rights and interests of investors, but also creates more favorable conditions for restoring the security and stability of the global semiconductor supply chain.