Group 1 - The Ministry of Commerce of the People's Republic of China has initiated an anti-dumping investigation into imported relevant analog chips originating from the United States, as announced on September 13, 2025 [1] - The specific product involved falls under the tariff code 85423990, and other products under this tariff code are not included in the current investigation [1]

Core Points - The Ministry of Commerce of the People's Republic of China has initiated an anti-dumping investigation into imported simulation chips originating from the United States, as announced in Notice No. 27 of 2025 [1] - The specific product under investigation falls under the tariff code 85423990, while other products within this tariff category are excluded from the investigation [1] Group 1 - The anti-dumping investigation was officially announced on September 13, 2025 [1] - The investigation targets simulation chips, indicating a focus on this specific segment of the semiconductor industry [1] Group 2 - The Ministry of Commerce has issued questionnaires to foreign exporters or manufacturers, domestic producers, and domestic importers related to the anti-dumping case [3] - The questionnaires are part of the trade remedy investigation process, aimed at gathering relevant data from various stakeholders in the industry [3]

Core Points - The Ministry of Commerce of the People's Republic of China announced an anti-dumping investigation on imported simulation chips originating from the United States, effective September 13, 2025 [1] - The investigation is categorized under the tariff code 85423990, and other products under this code are excluded from the investigation [1] - A questionnaire will be distributed to foreign exporters or producers, domestic producers, and domestic importers, with specific requirements for each group [1] - Respondents must submit their completed questionnaires within 37 days from the date of the notice, and failure to comply may result in the investigation authority making a decision based on available information [1] Summary by Category Investigation Details - The anti-dumping investigation targets simulation chips from the U.S. and is part of the Ministry of Commerce's regulatory framework [1] - The investigation is based on the provisions of the Anti-Dumping Regulations of the People's Republic of China [1] Questionnaire Process - Three types of questionnaires will be issued: for foreign exporters or producers, domestic producers, and domestic importers [1] - Respondents are required to submit both electronic and paper versions of their questionnaires, ensuring consistency in content and format [2] - Queries regarding the questionnaire process can be directed to the investigation authority [2]

Group 1 - The core theme of the article revolves around the ongoing competitive and cooperative relationship between China and the US, highlighting that while short-term friction is unavoidable, the bond will not be severed abruptly [1] - The bond market is positioned favorably, with expectations of a potential decline in long-term interest rates by up to 10 basis points, and a challenge to the 1.7% level for 10-year government bonds [1][19] - The marginal impact of changes in US-China relations on the bond market is diminishing, with recent market reactions being significantly less severe compared to previous trade tensions in April [1][14] Group 2 - Post-holiday large redemptions of bond funds by institutions are viewed as normal liquidity management rather than a sign of pessimism towards the bond market [2][17] - The bond market saw a decline in yields, with the 10-year government bond yield decreasing by 3.99 basis points to 1.82% during the week [2][19] - The overall balance of funds in the bond market remained stable, despite some fluctuations due to external factors such as new regulations and geopolitical tensions [20][21] Group 3 - The first week of October saw a slight decrease in the scale of wealth management products, with a total of 30.81 billion yuan, reflecting a weekly change of -567.56 million yuan [3][28] - The duration of public funds increased, indicating a slight rise in market consensus expectations [4][38] - The overall market sentiment towards the bond market remains cautious but stable, with institutions adjusting their strategies based on liquidity needs and market conditions [17][18]

Core Viewpoint - China has initiated anti-dumping investigations against certain imported analog chips from the United States in response to perceived aggressive actions by the U.S. in the semiconductor sector, claiming violations of WTO rules and harm to domestic industries [2][3][15]. Group 1: Anti-Dumping Investigation - The Ministry of Commerce of China received a formal application for an anti-dumping investigation on July 23, 2025, from the Jiangsu Semiconductor Industry Association, representing the domestic analog chip industry [3]. - The investigation will cover imported analog chips from the U.S. with a focus on general interface and gate driver chips, which have seen a 37% increase in import volume and a 52% decrease in import prices from 2022 to 2024 [2][3]. - The investigation period is set from January 1, 2024, to December 31, 2024, with the damage assessment period from January 1, 2022, to December 31, 2024 [3][4]. Group 2: Investigated Products - The investigation targets certain analog integrated circuit chips, specifically those using 40nm and above process technology, including general interface chips and gate driver chips [4][5]. - General interface chips include various types such as CAN transceiver chips, RS485 transceiver chips, and digital isolator chips, which are used in automotive and industrial applications [5][6]. - Gate driver chips are designed to control power semiconductor devices, enhancing their switching speed and efficiency [6]. Group 3: Investigation Procedures - Interested parties must register to participate in the investigation within 20 days of the announcement, providing relevant information about their operations and the products involved [7][9]. - The Ministry of Commerce will utilize methods such as questionnaires, hearings, and on-site inspections to gather information during the investigation [11][18]. - The investigation is expected to conclude by September 13, 2026, unless extended under special circumstances [14][19]. Group 4: Discrimination Investigation - The Ministry of Commerce has also launched an anti-discrimination investigation against U.S. measures affecting China's semiconductor industry, citing evidence of discriminatory practices since 2018 [15][16]. - The investigation will assess various U.S. actions, including tariffs and restrictions on exports of semiconductor products and manufacturing equipment to China [16][17]. - The investigation will follow similar procedures as the anti-dumping investigation, with a typical duration of three months [19][21].

Group 1 - The U.S. Department of Commerce's Bureau of Industry and Security (BIS) added 23 Chinese entities to the Entity List, including 13 semiconductor and integrated circuit companies, due to actions deemed contrary to U.S. national security or foreign policy interests [2][4] - Entities on the Entity List require a license for exports of items subject to the Export Administration Regulations (EAR), with a presumption of denial for such licenses [2] - Shanghai Fudan Microelectronics was specifically noted for its involvement in high-performance computing (HPC) and artificial intelligence (AI) chip applications, leading to additional export controls on foreign-produced items containing U.S. technology [2] Group 2 - The Ministry of Commerce of China announced an anti-dumping investigation into imported analog chips from the U.S., citing the abuse of national security concepts and violations of World Trade Organization (WTO) rules by the U.S. government [4][6] - The investigation was initiated based on a domestic industry's application, indicating a 37% increase in imports from the U.S. and a 52% decrease in import prices from 2022 to 2024, which harmed domestic product sales [6][7] - The investigation period for dumping is set from January 1, 2024, to December 31, 2024, while the period for assessing industry damage is from January 1, 2022, to December 31, 2024 [7] Group 3 - The scope of the investigation includes certain analog integrated circuit chips, specifically general interface chips and gate driver chips produced using 40nm and above process technology [8][9] - General interface chips are designed for diverse interface types to connect various devices, while gate driver chips control power semiconductor devices [9][10] - The products under investigation are classified under the Chinese import and export tariff code 85423990, excluding other products not within this investigation [10]

商务部：对原产于美国的进口相关模拟芯片发起反倾销立案调查 中华人民共和国商务部（以下简称商务部）于2025年7月23日收到江苏省半导体行业协会（以下称申请人）代表国内相关模拟芯片产业正式提交的反倾销 调查申请，申请人请求对原产于美国的进口相关模拟芯片进行反倾销调查。商务部依据《中华人民共和国反倾销条例》有关规定，对申请人资格、申请调 查产品有关情况、中国同类产品有关情况、申请调查产品对国内产业影响、申请调查国家有关情况等进行了审查。 根据申请人提供的证据和商务部初步审查，申请人相关模拟芯片的合计产量符合《中华人民共和国反倾销条例》关于申请人资格的规定。同时，申请书中 包含了《中华人民共和国反倾销条例》第十四条、第十五条规定的反倾销调查立案所要求内容及有关证据。 根据上述审查结果，依据《中华人民共和国反倾销条例》第十六条的规定，商务部决定自2025年9月13日起对原产于美国的进口相关模拟芯片进行反倾销 立案调查。现将有关事项公告如下： 一、立案调查及调查期 自本公告发布之日起，商务部对原产于美国的进口相关模拟芯片进行反倾销立案调查，本次调查确定的倾销调查期为2024年1月1日至2024年12月31日，产 业损害 ...

9月13日晚间，商务部发布2025年第50号公告，公布就美国对华集成电路领域相关措施发起反歧视立案调查。商务部发布2025年第27号公告，公布对原产于美国 的进口相关模拟芯片发起反倾销立案调查。 此外，商务部新闻发言人就美将我多家实体列入出口管制"实体清单"事答记者问。 商务部公告2025年第50号 公布就美国对华集成电路领域相关措施发起反歧视立案调查 依据《中华人民共和国对外贸易法》第七条、第三十六条规定，任何国家或地区在贸易方面对中华人民共和国采取歧视性的禁止、限制或者其他类似措施的，中华 人民共和国可以根据实际情况对该国家或者该地区采取相应的措施。商务部可自行或会同国务院其他有关部门发起相关调查。 商务部获得初步证据和信息显示，美国对华集成电路领域相关措施（以下称被调查措施）符合《中华人民共和国对外贸易法》第七条规定的"在贸易方面对中华人民 共和国采取歧视性的禁止、限制或者其他类似措施"的情形。 依据《中华人民共和国对外贸易法》第三十六条、第三十七条规定，商务部决定自2025年9月13日起就美国被调查措施启动反歧视调查。现将有关事项公告如下： 一、被调查措施 根据获得的初步证据和信息，本次调查对象为美国 ...

根据申请人提供的证据和商务部初步审查，申请人相关模拟芯片的合计产量符合《中华人民共和国反倾销条例》关于申请人资格的规定。 同时，申请书中包含了《中华人民共和国反倾销条例》第十四条、第十五条规定的反倾销调查立案所要求内容及有关证据。 商务部于2025年7月23日收到江苏省半导体行业协会（以下称申请人）代表国内相关模拟芯片产业正式提交的反倾销调查申请， 申请人请求对原产于 美国的进口相关模拟芯片进行反倾销调查。 商务部依据《中华人民共和国反倾销条例》有关规定，对申请人资格、申请调查产品有关情况、中国同类产品有关情况、申请调查产品对国内产业 影响、申请调查国家有关情况等进行了审查。 根据上述审查结果，依据《中华人民共和国反倾销条例》第十六条的规定， 商务部决定自2025年9月13日起对原产于美国的进口相关模拟 芯片进行反倾销立案调查。 ...