Ministry of Commerce

Chinese Commerce Minister Wang Wentao held a video meeting with UK business minister Peter Kyle on Thursday at the latter's request, during which they conducted in-depth exchanges on the Nexperia issue, according to a statement on the Ministry of Commerce website.
 
The responsibility of the issue lies with the Netherlands, Wang stressed, while urging the Netherlands to truly shoulder responsibility and expedite efforts to help Nexperia and related enterprises resolve internal disputes through dialogue and legal means, and create more conducive conditions for restoring the security and stability of global semiconductor supply chain that remains fragile, per the statement.
 
The administrative order issued by Dutch Economic Affairs Minister and the erroneous court ruling pushed by the Dutch Ministry of Economic Affairs are the root causes  to the turmoil and instability of the global semiconductor industrial and supply chains, Wang said.
 
China, acting in good faith, has implemented exemptions for civilian-use exports in compliance with regulations, which has alleviated the global semiconductor industrial and supply chain crisis, Wang said, noting that the Netherlands' suspension of administrative order regarding Nexperia is the first step toward the right direction of appropriately solving the issue.
  
Kyle expressed gratitude for China's briefing on the Nexperia issue and China's efforts in restoring the global semiconductor industrial and supply chains. The UK side also believes that the long-term solution lies in enterprises resolving internal disputes through consultations. The UK is willing to engage with the Dutch side to jointly promote the swift restoration of security and stability in the global semiconductor supply and industrial chains, according to the MOFCOM statement.