Research On Biden Administration’s Chip Strategy And Its Influence

After Biden entered the White House,he raised the security of American chips to the strategic level of national security,emphasizing that the United States should build a flexible,diversified,and high-security supply chain to ensure economic prosperity and national security.With the introduction of the "CHIPS and Science Act" as the cornerstone,the United States’ chip strategy has shown a comprehensive picture.Overall,the three principles of "investment,alliance,and competition" in strategic competition with China have been used as the three pillars of the chip strategy.In terms of investment,the United States promotes the return of chip manufacturing to the United States through policies such as providing financial subsidies and tax credits,improving the manufacturing capabilities of advanced chips in the United States.At the same time,it reforms the STEM education system to train and reserve more scientific research talents for the United States and to improve competitiveness of chip research and development.In terms of uniting allies,the United States uses the ‘CHIP 4’ alliance and the US-Europe Trade and Technology Committee as important mechanism to coordinate allies and partners in the Indo-Pacific and Europe to jointly create a safe and resilient supply chain.It also intends to build a high-tech wall to keep China out.In terms of competition,the United States has strengthened its control over chip exports to China,blocked capital and talent exchanges,cut off China’s access to advanced chip technology,and curbed the development of China’s chip industry.The decisive significance of chip technology in the intelligent and digital era,the steady advance of the chip industry in China and the relative lack of chip manufacturing capacity in the United States are the main motivations for the Biden administration to actively formulate a chip strategy.And it will have a far-reaching impact on countries deeply involved in the division of labor in the global chip industry.The lack of long-term,stable and large-scale investment and the damage to the practical interests of allies and partners are the main constraints of the chip strategy.In the short term,China’s chip industry Development will face more bottlenecks.We should adhere to the concept of mutual benefit and win-win results,fully use our institutional advantages,and actively use international mechanisms to resolve conflicts and disputes.While effectively safeguarding our own scientific and technological security and development interests,China should maintain the sound and steady development of the international economic and scientific cooperation order.