• 抽出ちゅうしゅつ — extraction; pulling something out
• 抽象ちゅうしょう — abstraction; abstract concept
• 抽象的ちゅうしょうてき — abstract; not concrete
• 抽選ちゅうせん — lottery; drawing lots

On the left, 扌 is the hand radical, showing an action done by hand. The right part 由 gives the sound チュウ and originally suggested something inside a container. Together, 抽 is a hand reaching in and pulling one thing out from among many. From “pulling out a part,” it naturally expanded to “pulling out just the idea” — the abstract meaning.