Editorial : Chinese chips and software

【明報專訊】THE US has announced one measure after another to ban Chinese social media platforms such as TikTok and WeChat. Against such a backdrop, China's State Council published a document ("Document No. 8") last week about promoting the growth of the integrated circuit (IC) and software industry. Though the document has not attracted attention from the international community, it has provoked strong reverberations in the semi-conductor industry and stock markets on the mainland.