US-Japan ‘semiconductor advanced technology’ cooperation system New drug next-generation semiconductor ‘joint roadmap’
The U.S. and Japan decided on a draft joint statement on 'cooperation in high-tech semiconductors', established a joint roadmap for 'development of new drugs' and 'next-generation semiconductors', and agreed to maintain the establishment of an open communication channel with China at the meeting of the Minister of Commerce. ” was announced as a joint statement.
On the 26th, in Detroit, where the APEC Trade Ministers' meeting was held, the US and Japanese Commerce Ministers made a 'joint statement' on the "establishment of a joint roadmap (process chart) between Japan and the US on the development of next-generation semiconductors" and "Biotechnology to strengthen economic security with China in mind." Yomiuri reported on the 26th from Washington that it plans to announce the details of cooperation in the development of new drugs and artificial intelligence (AI) and quantum technology.
The draft joint statement said, "Intensifying Japan-US cooperation is essential for maintaining and strengthening regional economic order, as well as for economic prosperity and economic security," and "listed tasks for cooperation through the Indo-Pacific Economic Framework (IPEF), etc." .
Regarding 'strengthening the semiconductor supply chain', the joint statement said, "We will draw up a roadmap for developing next-generation semiconductor technology and human resources development." "As diversification of semiconductor procurement sources becomes the focus of economic security, the US government Cooperation with the National Semiconductor Technology Center and the Advanced Semiconductor Technology Center, a technology research association established by the Japanese government last year.”
Regarding the announcement of the joint statement, Yomiuri said, “Minister of Economy, Trade and Industry Nishimura and US Commerce Secretary Lemondo will meet in Detroit on the 26th to agree on the contents of the joint statement.”
Regarding the progress of the US-Japan cooperation system in drug development, the joint statement said, “In response to China’s huge investment in fields such as biotechnology, artificial intelligence, and quantum, the Japanese and US governments are working to strengthen the supply chain of medicines in the field of biotechnology related to new drug development. We will work together to promote cooperation between startups.”
“China is increasingly involved in infrastructure development in the Pacific region,” Yomiuri said. “The Japanese government will work with private companies, including Japanese and American startups.”
In a joint statement after the meeting in Washington on the 25th, U.S. Commerce Secretary Gina Raymondo and Chinese Commerce Secretary Wang Wentao said, "The two are candid about issues related to US-China commercial relations, including the overall environment for trade and investment in the two countries and potential areas for cooperation. "Secretary Raimondo expressed concern about recent actions taken by China against US companies operating in China. It raised major concerns about policy.”
“The two sides agreed to establish and maintain open channels of communication, which Raymond said would help to manage the relationship responsibly,” said Reuters. They said they would allow exchanges.”
Minister Wang will meet with US Trade Representative Catherine Tai at the APEC Trade Ministers' Meeting in Detroit on the 26th following the meeting in Washington.
The Hiroshima G7 summit announced China's response to "reducing economic coercion" in a joint statement, and China announced a "national security risk, ban on sales to key domestic industries" of US memory chip maker Micron, which has facilities in China, and US consulting in China. Office raids against the company occurred one after another over the weekend.
China's Commerce Minister Wang Wentao met with representatives of US companies including Johnson & Johnson, 3M, Dow, Merck and Honeywell in Shanghai on the 22nd (Monday), followed by talks with the US Commerce Secretary in Washington.
“China complains about increasing restrictions on US exports of advanced semiconductors and other high-tech products that could have military applications and security reviews that deter Chinese investment in the US,” Reuters reported. did,” he said.
The Korea-U.S. summit in May last year agreed on “supply chain expansion,” followed by the Tokyo-US-Japan summit on “joint development of advanced semiconductors.”