In March 2021, China laid out seven “frontier” technologies in its 14th Five Year Plan to boost self-sufficiency and foster high-quality development. For many years, China has been pushing to develop its own chips — but the country can’t do without foreign technologies because of its reliance on foreign companies in the semiconductor supply chain. As part of the effort to support China’s 14th Five Year Plan, Chinese tech giants are pouring millions into semiconductor space to end the country’s reliance on foreign chips and boost home-grown semiconductor development. Some of these companies include Tencent and Alibaba. One of the…