holladay has some current thoughts on the subject. sematech was industry-driven, you are quite right. both the vertically integrated companies and the silicon valley companies, texas instruments as well found that they were not as efficient of producing a good of a product as the japanese. it's one thing to say we don't have the quality that others do and we needed to drive our manufacturing efficiency, our toolmaking, our processes and the way to do that was in a hands on laboratory environment that was a factory that produced something and not for commercial use but to learn how to make better chips. you're right that this was a u.s. effort entirely. it was funded by the department of defense $100 billion a year as has been testified to for five years and the industry also matched that and it was major effort and paid off and the industry has become global. there are foreign participants in semitech today and there is still and the benefits for the world to be dramatic in turns of the information and enough of a consensus and that w

holladay? >> yes. when you create this type of hub, it creates a catalyst. it brings in the commitment suppliers. it grows new companies. it gives companies the opportunity -- it gives you business advantages that don't exist anywhere else in the world potentially unless like it brings the industry in. they know that it's going to be a huge market. so it and creates a catalyst and this production infrastructure that does not exist at most national labs. >> senator franken, i advised folks that i was filibustering until you returned. >> oh, go ahead. >> no. i've asked my questions. we're now anxious to hear what questions you have. thanks. >> well, thank you, mr. wu, mr. prestowitz. i'd like to give you an opportunity to respond to some of dr. scissors' testimony because it strikes me that some of the language that he was using, china's reliance on coal and its lack of energy efficiency improvement or compared to the united states, that they are a function of its growing economy and i think that without that context, that testimony was kind of -- that it just

clyde presotwitz, d an holladay, and mr. derek scissors. we usually give five minutes for our guests to make a statement. we don't we go in order that introduced people, mr. wu, why don't you start. >> good morning, thank you for hosting the year today. it is an honor and privilege to be offering my thoughts on these topics. -- thank you for hosting me here today. our group provides accurate data and insight on investment, technology, promising trends -- policy trends. these represent my views alone and did not represent a bloomberg or bloomberg and energy finance. this should not be construed as investment advice. the subject is china, clean energy, and the trade relationship between the u.s. and china. i grew up in maryland and analyzed the growth of the clean energy industry. i offer my thoughts on its current status in china and what we can expect in the future. the chinese industry has grown rapidly. the country now manufactures half of the solar modules. 8 of the top in solar manufacturers in the world are chinese. the country overtoo