The Chinese Semiconductor Industry Association said on Thursday it opposes the US Department of Commerce's latest restrictions on US-based hardware manufacturers selling advanced chips and chip-making equipment to China as they arbitrarily interfere with international trade.

Dutch semiconductor equipment company ASML said it will continuously support the Chinese market with openness and focus, and work together with customers, partners and talents to promote the development of the global semiconductor industry.

Vice-Premier Liu He has called for efforts to mobilize resources nationwide to promote the development of integrated circuits, and offer real national treatment to foreign chip experts, which industry insiders interpret as a signal of a new round of more flexible supportive policies for the semiconductor sector amid curbs from the United States.

The Dutch government's plan to exert new restrictions on exports of semiconductor technology will further disrupt the global chip industry and harm Dutch companies' interests, experts said.

China's efforts to achieve proficiency in world-class chipmaking and ride out related US restrictions have received the attention of both lawmakers and political advisers at this year's two sessions.

The number of senior executives and academicians involved in the semiconductor sector who are also among this year's deputies to the National People's Congress and national political advisers, has increased significantly.

The semiconductor market has spawned a growing rivalry between the world's two largest economies, with the US government striving to curb the technological rise of China.

China's top regulator of State-owned assets said it will step up precise policy support in areas like human resources and funding for the development of semiconductors, a strategic industry.

HEFEI -- The World Conference on Integrated Circuits 2022 kicked off on Thursday in Hefei, capital of East China's Anhui province, highlighting the theme of "cooperation for win-win."

HEFEI - Global industry leaders are calling for more cooperation in the integrated circuits industry at the just-concluded World Conference on Integrated Circuits 2022 in Hefei, the capital of East China's Anhui province.

China's semiconductor industry will overcome challenges and achieve long-term, sustainable growth, according to officials, industry experts and company executives.