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China Has No Plans To Replace Foreign Technology, Says Foreign Ministry.

China Has No Plans To Replace Foreign Technology, Says Foreign Ministry

China has no plans to replace foreign technology, said foreign ministry spokesman Zhao Lijian.

Beijing:

China has no plans to replace foreign technology, Chinese foreign ministry spokesman Zhao Lijian said on Thursday, in response to a media report which said China was accelerating efforts to replace US technology.

Bloomberg reported on November 16 that China has empowered a government-backed organisation to vet and approve local suppliers in areas from cloud to semiconductors which are considered sensitive in an effort to expedite plans to replace American and foreign technology.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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