Wu Jinglian commentary on ZTEs incident: it is dangerous to develop chip industry at all costs.

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 Wu Jinglian commentary on ZTEs incident: it is dangerous to develop chip industry at all costs.


Recently, the Zte Corp was sanctioned by the US Department of Commerce, which triggered a heated debate among the public. In this regard, Wu Jinglian, a famous economist, said at the 2018 academic annual meeting hosted by CIDEG, Tsinghua University in April 22nd, it is dangerous to develop the chip industry at all costs. Wu Jinglian believes that Chinas reform and opening up in the past 40 years has made great achievements in economic development. But the higher the economic development is, the more problems we encounter and the more problems we need to solve in the international environment. Subsequently, Wu Jinglian referred to Sino US trade conflicts and ZTE events. He stressed that this matter involves whether opening to the outside world should continue and how domestic reforms can be further developed to solve major problems in our system. But from the social reaction, the focus is the debate with Trump administration. Wu Jinglian said he had worked in the information consulting organization, and the chip problem has always been the governments attention. The problem is not to give money. The size of the semiconductor chip fund three years ago was 400 billion, and a series of acquisitions like Thunis wanted to build a great success on chip development, but the effect was not good, and there were many deep issues to be discussed. Finally, he appealed, we, as a researcher, should be sober, scientific and objective, to find the root of the problem and to put forward some correct corresponding strategies that are conducive to our country and for the development of the world economy. The source of this article: microblog editor: Bai Xin _NT4464