In 2020, Chinese companies produced just 5.9% of the semiconductors used in China, with foreign-owned companies in China producing an additional 10%, according to a report by market research firm IC Insights. Despite the massive investment and with the above couple of indicators, the United States-China Economic and Security Review Commission ( USCC ) highlighted that the Chinese Communist Party has not achieved its ambition of creating a self-sufficient domestic manufacturing base to meet China’s technological needs. Then the USCC refers that the Made in China 2025 Plan, published in 2015, urged Chinese companies to produce 40% of the semiconductors...