Japan’s parliament passes economic security law to increase domestic production capacity of semiconductors and other important materials – yqqlm

　　securitiesAccording to Xinhua News Agency, the “Economic Security Guarantee Promotion Act” pushed by Japanese Prime Minister Fumio Kishida was approved by the Senate on the 11th. Since the bill was passed by the House of Representatives last month, the approval of the Senate means the establishment of Japan’s economic security law.The specific measures of the bill include: establishing a government assistance system, attracting important manufacturers to set up factories in Japan through government subsidies, strengthening thesemiconductorThe ability to produce such important materials in Japan; the establishment of a prior review system, when companies in the communications, energy, and financial fields introduce important equipment or systems, the government will strengthen the review of foreign products or systems; to prevent cutting-edge technologies that can be used for weapons development In case of leakage, the government will limit the disclosure of relevant patents by paying compensation to patent applicants; provide funds and information for the research and development of cutting-edge technologies such as artificial intelligence, and ensure Japan’s technological foundation in key fields.

(Article Source:securitiesTimes Network)

Article source: Securities Times Network

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Original title: Japan’s Congress passed the Economic Security Law, which involves enhancing the domestic production capacity of semiconductors and other important materials