The spokesperson of the Ministry of Commerce answered reporters' questions regarding the U.S. approval for the sale of NVIDIA H20 chips to China

Wallstreetcn
2025.07.18 05:45
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A spokesperson for the Ministry of Commerce stated that after the China-U.S. London economic and trade talks, both sides maintained close communication, confirmed the framework details, and advanced implementation work. The U.S. side recently indicated it would approve the sale of NVIDIA H20 chips to China. The Chinese side called on the U.S. to abandon zero-sum thinking, continue to lift unreasonable economic and trade restrictions on China, emphasize the importance of win-win cooperation, and oppose U.S. export controls on Chinese chip products. The Chinese side looks forward to correcting wrong practices and maintaining the stability of the global semiconductor supply chain through equal consultations

The Ministry of Commerce stated that after the China-U.S. London economic and trade talks, both sides maintained close communication, confirmed the details of the London framework, and advanced relevant implementation work. The Chinese side approved the export applications for controlled items that met the conditions in accordance with the law, and the U.S. side correspondingly lifted the restrictions on China involved in the talks in early July. We have noted that the U.S. side recently took the initiative to express its intention to approve the sale of NVIDIA H20 chips to China. The Chinese side believes that the U.S. should abandon zero-sum thinking and continue to lift a series of unreasonable economic and trade restrictions on China. Cooperation and win-win outcomes between China and the U.S. is the right path; suppression and containment lead nowhere. In May of this year, the U.S. issued relevant export control guidelines targeting Huawei's Ascend chips, imposing stricter controls on Chinese chip products under unfounded accusations, intervening in fair market competition through administrative power, and severely damaging the legitimate rights and interests of Chinese enterprises. The Chinese side has clearly stated its position and firmly opposes this. We look forward to the U.S. side working with the Chinese side to move towards each other, correct erroneous practices through equal consultations, create a good environment for mutually beneficial cooperation between enterprises of both sides, and jointly maintain the stability of the global semiconductor supply chain.

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