The China Economic Research Institute announced today the manufacturing PMI for October. Wang Jianjian (left 1), vice president of the Chinese Academy of Economics, attended the meeting.

(Photo by reporter Xu Ziling)

[Reporter Xu Ziling/Taipei Report] The US-China technology war has begun. Since the US imposed a chip ban, the outside world has paid attention to whether Taiwan's semiconductor industry will be affected.

Wang Jianjian, a scholar at the Chinese Academy of Economics, said that the US technology regulation aimed at high-end processes may affect Taiwan, and called on the government to introduce Taiwan's chip bill, including subsidies, tax incentives, and talent training.

The China Economic Research Institute announced today that the manufacturing Purchasing Managers Index (PMI) in October was 45.4%, which was 4 consecutive months of contraction, and the manufacturing industry has been contracting for 6 consecutive months. 24.8%, the fastest tightening rate since its creation.

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Wang Jianjian, vice president of the Chinese Academy of Economic Sciences, said that there are two reasons why the manufacturing industry is less optimistic about the future. The first is the "curse of the neighbor". The correction of neighboring countries has made Taiwan's performance worse. In the past, 3C and information products have achieved excellent results under the epidemic, but this It has also led to a lot of inventory, from bicycles, machine tools to semiconductors.

The second is the technology control recently announced by the United States, which has begun to target high-end processes. This part may affect Taiwan, especially TSMC has about 10% of its revenue in China, and the technology control will affect the operations of Supermicro and Huida. , which in turn affects TSMC's foundry orders.

Wang Jianjian pointed out that TSMC accounted for 34.8% of Taiwan's total semiconductor exports last year, and TSMC's surplus accounted for 70% of Taiwan's total surplus, but semiconductor exports to China accounted for 60% of exports. make a big impact.

Therefore, he believes that governments of various countries have introduced the so-called chip bill, and the Chinese government should also introduce the "Taiwan's Chip Bill", which includes subsidies, tax incentives, and talent training.

Otherwise, once the sacred mountain of protecting the country reverses, the earth may be shaken. South Korea is an example. South Korea's semiconductor exports have declined this year, resulting in a trade deficit with South Korea and a depreciation of the won.

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