According to a report by Bloomberg News quoted on Taiwan’s United News Network on March 26, taking the export of semiconductor and wafer production equipment as an example, the export growth to China was driven by these two major projects. However, with the rise of the local semiconductor industry in China, , The current trade flow may change.
Bloomberg chief Asian economist Blick (transliteration) pointed out: 'South Korea, Japan, the United States, and Germany are currently maintaining a part of the global supply chain. It is precisely the area in which China spends ten years of development.' He said that sooner or later The components of the product will be produced by China itself. China is also moving to exporting countries, and will even export strong countries in the future.
Bloomberg industry research indicates that China's industries are electric vehicles, self-driving systems, solar cells, robots, machine tools, medical equipment, and electronic sensors.
With such a clear direction, Beijing is raising its target and there are sufficient resources to achieve the goal. Hefbauer, a researcher at the Peterson Institute for International Economics, said: 'They will produce what Japan and South Korea is now producing, and companies in Japan and South Korea want to Staying ahead is a big challenge. '