The Impact of U.S.-China Competition and Cooperation on IT Industry Under the Biden Administration (pre-order)

Since U.S. President Joe Biden took office, the U.S. government has prioritized pandemic prevention, economic recovery, social justice, and environmental issues in its policy. To stimulate economic recovery, Biden signed a flurry of executive orders to boost U.S. manufacturing and strengthen local supply chains. The Biden administration is expected to bring new changes to U.S.-China relations while the latest development of competition and cooperation between the U.S. and China is likely to have a huge impact on the IT industry’ future development. This report looks into the Chinese government’s response to the Biden administration and analyzes the development of the competition and cooperation between the U.S. and China as well as its impact on the IT industry.
1.Key Points of the Biden Administration’s Policies
1.1 Diplomacy: Confrontation with China Remains with Each Side Aggressively Seeking Allies
1.2 Economy: Boost U.S. Manufacturing and Environmental Protection and Strengthen Local Supply Chains
2. China’s Response to U.S. Policy
2.1 U.S.-China Talk Opens New Chapter, but U.S.-China Relation Remains Unilateral
2.2 Drives Economic Growth with Domestic Market Demand and Circular Economy Model
2.3 Focus on Developing Stranglehold Technology and Key Next-generation Technology
3. Industrial Competition and Cooperation in the Context of New U.S.-China Relations
3.1 5G: U.S. Builds China-Free Supply Chain; China Focuses on Domestic Market
3.1.1 U.S. to Continue Promoting the “China Free” 5G Strategy
3.1.2 China May Increase Global Influence through Communications Technology Standardization and In-house Technology Development
3.1.3 Taiwanese Vendors May Have More Opportunities to Work with European and US Brands with Increased Reliance on these Markets
3.2 Semiconductor: U.S. Stranglehold over China Remains; China Accelerates Domestic Chip Manufacturing
3.3 New Energy: U.S. Drives Energy Transformation; China Invests in Emerging Green Industries
4. MIC Perspective

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