In a major trade shift, the U.S. has notified China that several restrictive export measures are being lifted. China's Ministry of Commerce announced on Friday that it is reviewing export license applications for controlled items in accordance with domestic laws and regulations.
This move follows a principled consensus reached during the China–U.S. economic and trade talks in London and the directions set during a phone call between the two heads of state on June 5. While specific items were not detailed, reports hint that the easing may include key tech exports like Electronic Design Automation (EDA) tools — essential for semiconductor design — as well as certain aviation engine components.
Leading EDA software providers such as Synopsys, Cadence, and Siemens are reported to be restoring their access, potentially revitalizing China's semiconductor design ecosystem. In addition, the U.S. has relaxed licensing requirements on shipments of ethane and permitted GE Aerospace to resume sending jet engines and related technology to COMAC in the Chinese mainland.
This strategic shift is being seen as a step toward more balanced trade relations and could ignite fresh innovation in both the tech and aviation sectors. Stay tuned as these developments continue to unfold! 🚀💡
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China says U.S. notified it about lifting some restrictive measures
cgtn.com
