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Chinese auto chips only: Inside Xi's self-sufficiency campaign

Government takes lead in developing semiconductor industry to rival U.S.

China is focusing on automotive chips in its push to expand domestic semiconductor production. (Nikkei Montage)

BEIJING -- As Xi Jinping begins his third term as president, China is accelerating efforts to bolster the country's chip sector -- starting with the automotive industry.

Xi packed key government posts with close allies at the recent National People's Congress, which concluded in Beijing on Monday. Boosting a sluggish economy and turning China into a technological power that rivals the U.S. are among their biggest concerns.

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