The Ministry of Commerce of China File photo: VCG

The Chinese Ministry of Commerce on Wednesday said China welcomes the Dutch side's suspension of administrative order regarding intervention over China-owned chipmaker Nexperia, but said the suspension still falls short of addressing the root cause of the turmoil caused to the global semiconductor industrial and supply chain, urging the Dutch side to demonstrate a genuine willingness to cooperate and put forward a truly constructive solution. 

A spokesperson for China's Ministry of Commerce (MOFCOM) made the remarks when asked to comment on the recent consultations between China and the Dutch side regarding the Nexperia issue. 

The two sides held two rounds of face-to-face talks in Beijing on Tuesday and Wednesday. During the consultations, China reiterated that the root cause of the current disruption in the global semiconductor industrial and supply chain lies with the Dutch side, urging the Dutch side to take concrete actions to swiftly and effectively push the resolution of the Nexperia issue at an early date and restore the security and stability of global semiconductor industrial and supply chains, the spokesperson said. 

The spokesperson noted the Dutch side had proactively proposed suspending the Dutch economy minister's order under the Goods Availability Act regarding Nexperia, and China welcomed the move, seeing it as a first step in the right direction toward resolving the issue.

However, the suspension still falls short of addressing the root cause of the turmoil in the global semiconductor industrial and supply chain — the complete withdrawal of the administrative order, the spokesperson said.

The spokesperson stressed the erroneous ruling by the Dutch Enterprise Court, pushed by the Dutch Ministry of Economic Affairs and depriving Wingtech of control over Nexperia Netherlands, remains a key obstacle to resolving the matter. China hopes the Dutch side will continue to demonstrate a genuine willingness to cooperate and put forward a truly constructive solution. 

Both sides agreed that administrative intervention should be removed and they should support and encourage businesses to resolve internal disputes through consultations in accordance with the law. This, the spokesperson said, would protect investors' legitimate rights and interests and create more favorable conditions for restoring the security and stability of the global semiconductor industrial and supply chain.


Global Times