On the afternoon of October 16, the Ministry of Commerce held a routine press conference. Media questions said that recently, the Chinese Semiconductor Industry Association issued a statement opposing the Dutch authorities to intervene in the operation of the Semiconductor subsidiary of Thai Technology.

In this regard, He Yongqian, spokesman of the Ministry of Commerce, said that China is concerned about the relevant situation, and China firmly opposes the Netherlands' generalization of the concept of national security and its direct intervention in the internal affairs of enterprises by administrative means. The Dutch side's move not only violates the spirit of contract and market principles, but also seriously damages the Dutch business environment and harms others and itself. At the same time, the Chinese side noticed that the public documents of the relevant Dutch courts on October 14 showed that the Netherlands and the United States had communicated and coordinated on the penetration rules. The United States proposed to the Netherlands to replace the Chinese CEO of Nexperia and adjust the governance structure to avoid penetration rules. Sanctions. China has clearly expressed its position on the penetration rules by the United States. I want to emphasize again that this move by the United States has seriously impacted the international economic and trade order and seriously undermined the security and stability of global industrial and supply chains. The Dutch side's move is an obvious example of the US penetration rules damaging the legitimate rights and interests of Chinese enterprises.

He Yongqian further stated that the penetration rules of the United States are the initiator of harming Chinese companies. It is hoped that the Netherlands will adhere to independence, proceed from maintaining Sino-Dutch economic and trade relations and maintaining the stability of the global semiconductor supply chain, respect objective facts, adhere to the spirit of contract and market principles, correct wrong practices, effectively protect the legitimate rights and interests of Chinese investors, and create a fair, transparent and predictable business environment. China will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises.