Recently, the United States granted approval for the sale of NVIDIA H100 chips to China. In response, China stated that subsequent to the China-US economic and trade talks, both parties are actively progressing with the implementation of agreed upon work. China will continue to review and approve export applications in accordance with domestic laws and regulations. Concurrently, China urged the United States to abandon its zero-sum mentality and lift unjustifiable restrictions, emphasizing that the tightened US controls on Chinese chip products have adversely impacted the rights and interests of Chinese enterprises. China expressed its hope to collaborate with the United States in maintaining the stability of the global semiconductor production and supply chain.