More than 84% of South Korean companies support China

  The U.S. Government miscalculated? The chip business lost 20 billion

After the epidemic, global value chains (a division of products) are accelerating restructuring. At that time, global value chain dominance or face change, and the ambitious United States are planning to continue to dominate the global value chain.

 Even under the new global value chain order, South Korean companies will not reduce their trading cooperation with Chinese companies, according to a poll. Eighty-four.3 percent of the companies surveyed said they would maintain or expand business with Chinese companies.

In fact, the formation of a global industrial value chain is the inevitable result of economic development, it is difficult for Korean enterprises not to cooperate with China. And the current U.S. foreign restrictions on-chip exports are thus undermining the global chip industry chain supply security. This means that in the future, companies in other countries are likely to avoid restructuring new supply chains to reduce supply risks.

 At present, the American chip industry is suffering from "anti-macrophage ". In April, the international semiconductor association, which represents America's semiconductor interests, warned that if u.s. restricted exports of chips and related technologies, it would lose $20 billion a year in its "chip business ". Predictably, the United States is likely to gradually lose its sense of existence in the global chip industry chain.

On the contrary, the presence of Chinese enterprises in the global supply chain is becoming stronger and stronger. The Foreign Trade and Economic Cooperation Institute of Global value chain point out that Chinese enterprises have become one of the core nodes and key links in the global supply chain, but there is still a certain distance from the global dominant position. In the future, China will promote the construction of a China-led global value chain in two ways, Xinhua reported on September 22.

First, cultivate industry leaders and create a Chinese enterprise-led industrial chain. Huawei, for example, as the world's top 5 G technology leader, can drive a group of 5 industry suppliers. Second, Chinese enterprises are deeply embedded in the global supply chain, so that the world can not be separated from Chinese manufacturing, thus establishing the leading position of Chinese enterprises in the global value chain.