
TSMC to Invest $100bn in Arizona, Boosting US Advanced Manufacturing
Taiwanese chipmaker TSMC to invest $100bn in Arizona, creating tens of thousands of US jobs, boosting President Trump's manufacturing drive, with total US commitment now $265bn.

Taiwanese chipmaker TSMC to invest $100bn in Arizona, creating tens of thousands of US jobs, boosting President Trump's manufacturing drive, with total US commitment now $265bn.

Overseas capital has flowed into China's advanced manufacturing and technology sectors at an unprecedented rate, reaching a record 3.13 trillion yuan in mainland equity holdings by the end of Q2 2026. This shift signifies a move away from traditional consumer and financial stocks towards industries supporting Beijing's tech self-sufficiency goals.

Japan is embracing "techno-nationalism" to boost its domestic aerospace industry and reclaim its status as an innovation hub, partly driven by competition with China and a desire for nationally produced solutions.

湘潭大学华锐先进制造研究院于6月13日在湖南株洲成立,旨在聚焦智能刀具设计、数字孪生工艺等前沿方向,攻克精密制造领域关键核心技术难题。该研究院由湘潭大学与株洲华锐精密工具股份有限公司联合组建,将打通高校基础研究与企业产业应用的壁垒,推动科研成果落地转化。

China's foreign trade shows robust growth in AI and advanced manufacturing, with the Greater Bay Area's robotics sector and central China's high-tech exports leading the charge. Beijing-Tianjin-Hebei region also hit record highs in May.

China is advancing beyond subsidies in advanced manufacturing, moving from 'old three' textiles to 'new three' EVs, batteries and solar panels, with 'newer three' in AI, robots and medicines. Engineers, supply chain depth and policy execution are key drivers alongside state funding.

The US and EU signed a memorandum of understanding on Friday to deepen coordination on critical minerals, part of Western efforts to reduce China's dominance in materials essential for semiconductors, electric vehicles, and advanced weapons. Secretary of State Marco Rubio and Trade Commissioner Maros Sefcovic signed the agreement in Washington, with US Trade Representative Jamieson Greer announcing a separate action plan to address non-market policies distorting critical minerals supply chains.

China's State Council unveiled a 100-trillion-yuan (US$14.7 trillion) blueprint on Tuesday to modernize its service sector by 2030, shifting focus from lifestyle services to producer services such as logistics, IT, and financial services. The plan aims to fuse advanced manufacturing with specialized technical support while preventing premature deindustrialization, analysts say.