2018年CRI ZTE sanction affects global market, experts

 

Some experts say China plays an important role in global high-tech¹ industrial chain and the ban on a Chinese tech giant from buying any U.S. technology will have an impact on the global economy.

Wang Changlin, deputy director of the Academy of Macroeconomic Research, National Development and Reform Commission, says the global hi-tech industry chain is interdependent and China plays an important role in it.

"We've made great progress in recent years in terms of the research, development and industrialization of integrated circuits and operation systems, and some innovative² companies have sprung up. We have so far preliminarily established a relatively³ complete industrial system, which means, speaking from the perspective of manufacturing, we are quite strong and have some basis in middle- and high-end manufacturing as well. We can cultivate an independent and core industry based on our own domestic market."

Wang made the remarks when commenting on the announcement made by the U.S. Department of Commerce which banned ZTE from buying any U.S. technology for seven years.

Stats show in 2017, China produced over 1.9 billion mobile phones and more than 300 million computers accounting⁴ for 75 and 95 percent of the global outputs respectively.

Some say that large-scale US sanctions on the export of key technologies to China make it hard for other countries to increase the production of their computers, mobile phones and household appliances in the short term.

The manufacturing industry in the U.S. and other developed countries is mainly bolstered⁵ by the high-tech manufacturing industry.

Wang Changlin said if the high technology industry slumped⁶, it would affect the related service industries and capital markets, which will exert a significant impact on both the U.S. and global economies.

"As long as we turn the pressure into motivation, adhere to independent innovation and constantly strive to upgrade our industries to middle- and high-end ones, we'll certainly make breakthroughs in our country's integrated circuits, chips and operating systems. We are fully⁷ capable, confident and have the necessary conditions to establish our own relatively advanced and complete integrated circuit industrial system."

Data of the Ministry⁸ of Industry and Information Technology shows that China's own chip industry exhibits very strong competence⁹ in its progress.

Diao Shijing, who's in charge of the electronic information division of the Ministry, says the annual compound growth rate of the industry from 2013 to 2017 reached 21 percent, five times the average global growth rate.

"Our chip industry, especially in terms of chip design, has seen a remarkable¹⁰ growth in recent years, gradually nearing the top level of markets. This industry, with a rapid development in scale, has been broadly applied¹¹ into many fields including people's daily life, industrial engineering, artificial intelligence and intelligent automobile¹². Many sectors¹³ in China rely on domestic chips."

The expert also notes China is picking up speed in building advanced integrated circuit production lines, which has led to growth in supporting industries, including equipment and materials.

1 high-tech   

adj.高科技的

参考例句：

• The economy is in the upswing which makes high-tech services in more demand too.经济在蓬勃发展，这就使对高科技服务的需求量也在加大。
• The quest of a cure for disease with high-tech has never ceased. 人们希望运用高科技治疗疾病的追求从未停止过。

2 innovative   

adj.革新的，新颖的，富有革新精神的

参考例句：

• Discover an innovative way of marketing.发现一个创新的营销方式。
• He was one of the most creative and innovative engineers of his generation.他是他那代人当中最富创造性与革新精神的工程师之一。

3 relatively   

adv.比较...地，相对地

参考例句：

• The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
• The operation was relatively painless.手术相对来说不痛。

4 accounting   

n.会计，会计学，借贷对照表

参考例句：

• A job fell vacant in the accounting department.财会部出现了一个空缺。
• There's an accounting error in this entry.这笔账目里有差错。

5 bolstered   

v.支持( bolster的过去式和过去分词 )；支撑；给予必要的支持；援助

参考例句：

• He bolstered his plea with new evidence. 他举出新的证据来支持他的抗辩。 来自《现代英汉综合大词典》
• The data must be bolstered by inferences and indirect estimates of varying degrees of reliability. 这些资料必须借助于推理及可靠程度不同的间接估计。 来自辞典例句

6 slumped   

大幅度下降，暴跌( slump的过去式和过去分词 )； 沉重或突然地落下[倒下]

参考例句：

• Sales have slumped this year. 今年销售量锐减。
• The driver was slumped exhausted over the wheel. 司机伏在方向盘上，疲惫得睡着了。

7 fully   

adv.完全地，全部地，彻底地；充分地

参考例句：

• The doctor asked me to breathe in,then to breathe out fully.医生让我先吸气，然后全部呼出。
• They soon became fully integrated into the local community.他们很快就完全融入了当地人的圈子。

8 ministry   

n.(政府的)部；牧师

参考例句：

• They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
• We probed the Air Ministry statements.我们调查了空军部的记录。

9 competence   

n.能力，胜任，称职

参考例句：

• This mess is a poor reflection on his competence.这种混乱情况说明他难当此任。
• These are matters within the competence of the court.这些是法院权限以内的事。

10 remarkable   

adj.显著的，异常的，非凡的，值得注意的

参考例句：

• She has made remarkable headway in her writing skills.她在写作技巧方面有了长足进步。
• These cars are remarkable for the quietness of their engines.这些汽车因发动机没有噪音而不同凡响。

11 applied   

adj.应用的；v.应用，适用

参考例句：

• She plans to take a course in applied linguistics.她打算学习应用语言学课程。
• This cream is best applied to the face at night.这种乳霜最好晚上擦脸用。

12 automobile   

n.汽车，机动车

参考例句：

• He is repairing the brake lever of an automobile.他正在修理汽车的刹车杆。
• The automobile slowed down to go around the curves in the road.汽车在路上转弯时放慢了速度。

13 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》