{"id":1806852,"date":"2023-01-16T07:50:14","date_gmt":"2023-01-16T12:50:14","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1806852"},"modified":"2023-01-16T07:55:31","modified_gmt":"2023-01-16T12:55:31","slug":"biotech-clean-energy-sectors-in-china-face-uncertain-future-insider-says","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biotech-clean-energy-sectors-in-china-face-uncertain-future-insider-says\/","title":{"rendered":"Biotech, Clean Energy Sectors in China Face Uncertain Future, Insider Says"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiotech-clean-energy-sectors-in-china-face-uncertain-future-insider-says%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1806852&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<p><em>News Analysis<\/em><\/p>\n<p>China\u2019s <a href=\"https:\/\/www.theepochtimes.com\/t-biotechnology\">biotechnology<\/a> And <a href=\"https:\/\/www.theepochtimes.com\/t-clean-energy\">clean energy<\/a> According to Japan&#8217;s president of a high technology corporation, certain sectors may be next targets for U.S. sanctions.<\/p>\n<p>Such sectors will probably face a downturn following China\u2019s hard-hit <a href=\"https:\/\/www.theepochtimes.com\/t-semiconductor\">semiconductor<\/a> industry. The president was not allowed to be identified other than Desen for security reasons.<\/p>\n<p><span>These sectors will be<\/span>ecome stagnant as the technology decoupling between the U.S. and China continues,\u00a0Desen said.<\/p>\n<p>He said that Chinese companies in these areas will lose the foundation on which they learn and copy.<\/p>\n<p>He said that the wider economic decoupling is also increasing the outflow of capital from China. This will put further pressure on the economy.<\/p>\n<p>Decoupling with the United States will affect China\u2019s cheap commodities as they will lose their main market. The production capacity of new energy battery factories, as an example, will need decrease.<\/p>\n<p>The situation will change to one in which small and mid-sized enterprises face the possibility of losing their existence and may be forced to close. Desen stated that large enterprises will lose the incentive for production expansion.<\/p>\n<figure id=\"attachment_4980806\" class=\"wp-caption alignnone\"><a href=\"https:\/\/img.theepochtimes.com\/assets\/uploads\/2023\/01\/12\/GettyImages-1228778263-1200x798.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"lazy size-medium wp-image-4980806\" src=\"https:\/\/www.theepochtimes.com\/assets\/themes\/eet\/images\/white.png\" data-src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/01\/GettyImages-1228778263-600x399-1.jpg\" alt=\"Epoch Times Photo\" width=\"600\" height=\"399\"   style=\"display:none\"><figcaption class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-4980806\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/01\/GettyImages-1228778263-600x399-1.jpg\" alt=\"Epoch Times Photo\" width=\"600\" height=\"399\" \/><\/noscript><\/figcaption><\/a> One technician processes samples in a laboratory at Chinese biotech firm Coyote before testing them in the Flash 20. This machine was designed to test the COVID-19 coronavirus (in Beijing) on Sept. 27, 2020. (Greg Baker\/AFP via Getty Images<\/figure>\n<h2><strong>Clean Energy, New Energy Technology<\/strong><\/h2>\n<p>China accounts for a large portion of the global clean energy market. <a href=\"https:\/\/www.theepochtimes.com\/t-new-energy-vehicles\">new energy vehicles<\/a>.<\/p>\n<p>Chinese state media have\u00a0<a href=\"http:\/\/www.news.cn\/globe\/2022-12\/20\/c_1310683559.htm\">claimed<\/a> that China\u2019s new energy vehicle production and sales volume have ranked first in the world since 2015. Cui Dongshu, secretary-general of the China Passenger Car Association(CPCA), stated that in August 2022 China&#8217;s new vehicle production and sales volume had ranked first worldwide since 2015. \u201cChina has basically achieved its goal of overtaking the world in new energy vehicles,\u201d <a href=\"https:\/\/big5.cctv.com\/gate\/big5\/auto.cctv.com\/2022\/08\/09\/ARTIzUAfSRuGPDEWPrhZ0et7220809.shtml\">according<\/a> To CCTV<\/p>\n<p>Desen says that China&#8217;s prospects for clean energy and the development of new energy vehicles in China are not as promising.<\/p>\n<p>Before the United States sanctioned it, Chinese chip design was booming. For example, in 2018, Huawei\u2019s chip plant Hisilicon ranked fifth in the list of the world\u2019s top 10 integrated circuit (IC) design companies, but after Huawei was added to the U.S. Entity List 2019: Intel, Qualcomm, Xilinx and Xilinx have cut their Huawei deals. Hisilicon&#8217;s production values have since plummeted.<\/p>\n<p>Starting in 2022, the U.S. Biden administration has ramped up sanctions on China\u2019s semiconductor industry. The growth rate of Chinese semiconductor design firms has slowed as a result.<\/p>\n<p>Jake Sullivan (US National Security Advisor) raised concerns regarding biotechnology and clean technology on Sept. 16, 2022.<\/p>\n<p>Sullivan indicated that the next decade would see three key technology areas become particularly important. These technology areas include computing-related technologies such as microelectronics and quantum information systems and artificial intelligence. Biotechnology and biomanufacturing are next, followed by clean energy technologies.<\/p>\n<p>Desen believes that this could be an indication that the U.S. has shifted its focus to high-end biotechnology and clean technology at the national level.<\/p>\n<figure id=\"attachment_4980813\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/01\/GettyImages-1063609184-1200x800-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"lazy wp-image-4980813 size-large\" src=\"https:\/\/www.theepochtimes.com\/assets\/themes\/eet\/images\/white.png\" data-src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/01\/GettyImages-1063609184-1200x800-1.jpg\" alt=\"Epoch Times Photo\" width=\"640\" height=\"427\" \/><figcaption class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4980813 size-large\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/01\/GettyImages-1063609184-1200x800-1.jpg\" alt=\"Epoch Times Photo\" width=\"640\" height=\"427\" \/><\/noscript><\/figcaption><\/a> Workers checking laptop parts in a factory in the Hangyong Auto Industrial Park, in Lu\u2019an City, in China\u2019s Anhui Province, on Nov. 19, 2018. (STR\/AFP via Getty Images).<\/figure>\n<h2><strong>Chinese Chip Industry<\/strong><\/h2>\n<p>The U.S. government announced on October 7, 2022 a series of export restrictions that prohibit U.S. companies exporting advanced technology and chips to China. It also prohibits certain U.S.-made semiconductor chips from being exported to China regardless of where they are from.<\/p>\n<p>Export controls have been regarded as one of the most important policy shifts in U.S. technology exports (CCP) since 1990s.<\/p>\n<p>Wei Shaojun, chairman of the IC design branch of the China Semiconductor Industry Association, said in a speech at a summit on integrated circuit design on Dec. 26, 2022,\u00a0that the sanctions on China\u2019s semiconductor industry are \u201cgetting more and more severe\u201d And that \u201cin the face of the severe external environment, one should not be blindly optimistic that one can do anything.\u201d<\/p>\n<p>Wei is a leading figure in China\u2019s semiconductor industry and a professor in the Department of Micro and Nano Electronics at Tsinghua University, where he has long been involved in research and development in IC design technology.<\/p>\n<p>Additionally, the U.S. Department of Commerce will be closing its doors on December 15, 2022. <a href=\"https:\/\/www.bis.doc.gov\/index.php\/documents\/about-bis\/newsroom\/press-releases\/3195-bis-press-release-clean-2022-12-14\/file\">placed<\/a> 36 technology companies and entities with CCP links on the blacklist, including Shanghai Micro Electronics Equipment (SMEE), a leading company in China\u2019s lithography industry.<\/p>\n<p>Regarding the current status of the U.S.-China technology decoupling and its impact on the future, Peking University\u2019s Institute for International Strategic Studies published a research report on Jan. 31, 2022, on its official site, concluding that the decoupling would lead to losses for both sides. But the report added that China\u2019s losses would be significantly greater than those of the United States and that China might be caught in a bottleneck in some key technological developments, making it difficult to break through.<\/p>\n<p>Only a few days before the report went online, <a href=\"https:\/\/www.voachinese.com\/a\/chinese-report-sounds-alarm-of-tech-vulnerability-20220203\/6426249.html\">according<\/a> VOA&#8217;s February 4, 2022 report.<\/p>\n<p>The U.S. mainstream will take a tougher stance against China as it comes to realize that the CCP, once it swells economically, will become a ticking time bomb over the Taiwan Strait issue and a growing threat to the rest of the world, said Desen, citing the CCP\u2019s attempt to mislead the nation away from universal values.<\/p>\n<p><em>Ellen Wan contributed this article.<\/em><\/p>\n<div class=\"author_wrapper\">\n<div class=\"one_author_block round\">\n<div class=\"top_row\">\n\t\t\t\t\t<a href=\"https:\/\/www.theepochtimes.com\/author-kathleen-li\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/08\/WEB_KathleenLi.jpg\" alt=\"Kathleen Li\" \/><\/a>\n\t\t\t\t\t<\/div>\n<p>Since 2009, Kathleen Li has been contributing to The Epoch Times. She focuses on China-related issues. She is an engineer in Australia, and she is chartered in civil-structural engineering.<\/p>\n<\/p><\/div>\n<\/div>\n<div class=\"author_wrapper\">\n<div class=\"one_author_block round\">\n<div class=\"top_row\">\n\t\t\t\t\t<a href=\"https:\/\/www.theepochtimes.com\/author-ling-xiong\"><img decoding=\"async\" src=\"https:\/\/www.theepochtimes.com\/assets\/themes\/eet\/images\/default-user.png\" alt=\"Lynn Xu\" \/><\/a>\n\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>News Analysis China\u2019s biotechnology And clean energy According to Japan&#8217;s president of a high technology corporation, certain sectors may be next targets for U.S. sanctions. Such sectors will probably face a downturn following China\u2019s hard-hit semiconductor industry. The president was not allowed to be identified other than Desen for security reasons. These sectors will beecome &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1806855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[15028,5458,4501,4483,4486,3899,11362,3819,15027,12937],"class_list":["post-1806852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-biotech","tag-bongino","tag-china","tag-clean","tag-energy","tag-future","tag-insider","tag-report","tag-sectors","tag-uncertain"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1806852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1806852"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1806852\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1806855"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1806852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1806852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1806852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}