China has no plans to replace foreign technology, says foreign ministry

BEIJING: China has no plans to replace foreign technology, Chinese foreign ministry spokesman Zhao Lijian said on Thursday (Nov 18), in response to a media report which said China was accelerating efforts to replace US technology.

Bloomberg reported on Nov 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.