China calls on Netherlands to resolve Nexperia issues properly

Chinese Minister of Commerce Wang Wentao on Tuesday urged the Netherlands to properly resolve issues surrounding semiconductor manufacturer Nexperia, protect the legitimate rights and interests of Chinese investors, and foster a fair, transparent and predictable business environment.

Wang made the remarks during a phone call with Dutch Minister for Economic Affairs Vincent Karremans at the latter's request on Tuesday, as the two sides exchanged views on issues including Nexperia.

Wang said that China places high importance on China-Netherlands economic and trade cooperation. The relevant measures taken by the Dutch side regarding Nexperia have severely impacted the stability of global industrial and supply chains.

China urges the Dutch side to proceed from the broader perspective of safeguarding the security and stability of global industrial and supply chains, uphold the spirit of contract as well as the principles of market orientation and rule of law, and properly resolve the issue at an early date.

Karremans said the Dutch side places high importance on the bilateral economic and trade relations and stands ready to maintain close communication with the Chinese side and find constructive solutions to the Nexperia issue.