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U.S. sanctions have prevented Chinese companies from obtaining the latest extreme ultraviolet exposure machines, affecting the reduction in the size of wafer circuits.
[Financial Channel/Comprehensive Report] Intel CEO Chen Liwu believes that China is not far behind the United States in terms of chip manufacturing capabilities. He made the remarks in an interview with Nikkei Asia, where he discussed Intel's restructuring plan and efforts to build a foundry business to rival TSMC, the world's largest contract chip maker.
Given that U.S. sanctions prevent Chinese companies from obtaining the latest extreme ultraviolet exposure machines, Chen Liwu was asked about the current status of the U.S. and Chinese semiconductor industries. In this regard, he pointed out that all companies, whether from China or the United States, have their own advantages and disadvantages. He went on to stress that customer needs are critical for any company, adding that ultimately the winner will be those products that are right for both the business and the customer.
Since China cannot purchase extreme ultraviolet exposure machines, it cannot reduce the size of chip circuits to improve performance and reduce power consumption like TSMC and Intel. Chen Liwu was asked whether China could catch up with the United States in advanced chip manufacturing within five to ten years. Chen Liwu's response was quite brief. He simply commented: "Now, I don't think the gap is big."

The National Bureau of Statistics of China announced that GDP increased by 4.5% year-on-year in the third quarter, slightly higher than external expectations. However, due to the real estate crisis and weak domestic demand, economic development still faces uneven challenges.
The China Securities Regulatory Commission issued the "Implementation Rules for Administrative Penalties in Cases of Illegal Transfer of Securities" on October 19, 2026, which will be effective from December 1, 2026. The "Rules" contain 18 articles, which mainly regulate the identification and punishment of "illegal transfer of securities", aiming to crack down on illegal shareholding reductions and ensure the high-quality development of the capital market.
The National Bureau of Statistics released economic data for the third quarter. The total import and export of goods in the first three quarters was nearly 40 trillion yuan, a year-on-year increase of 18.8%. Zhou Mi, a researcher at the Research Institute of the Ministry of Commerce, said that private enterprises have outstanding vitality and mechanical and electrical product exports account for more than 60%. The highlights and advantages of foreign trade in the first three quarters will be further enhanced in the fourth quarter.
The overall performance of China's A-shares was stable on the 19th, with major stock indexes rising more than falling. Among them, robot-related sectors were among the top gainers, and the robot actuator sector led all A-share concept sectors, boosted by the news that nine departments issued opinions on accelerating the promotion of technology business.

The Li Guoding Science and Technology Development Foundation announced that the fourth "Li Guoding Award" will be awarded to Jinrenbao Group President Xu Shengxiong and Quanta Chairman Lin Baili in recognition of their long-term concrete contributions to Taiwan's economic and technological development.
China's Ministry of Commerce, General Administration of Customs, and the Equipment Development Department of the Central Military Commission jointly issued an announcement on the 19th, announcing the optimization and adjustment of export control measures for drone-related items, which will be officially implemented from November 18, with the aim of safeguarding national security, fulfilling non-proliferation obligations, and ensuring the stability of the global industrial chain and supply chain.