Expressing the sense of the House of Representatives relating to the Communist Party of China's "Made In China 2025" Plan and publicly-known malign Communist Party of China's actions supporting the goals of its "Made in China 2025" plan.
Impact
The resolution highlights significant concerns regarding the implications of MIC2025 for U.S. economic and national security. It states that U.S. entities operating in sectors targeted by MIC2025 have been subjected to a range of coercive and disruptive actions, including espionage and intellectual property theft. These actions pose risks not only to businesses but also to the broader economic framework, potentially undermining fair competition and leading to job losses in critical technology sectors within the United States.
Summary
House Resolution 697 expresses the sense of the House of Representatives regarding the Communist Party of China’s (CCP) 'Made in China 2025' (MIC2025) plan and the associated malign activities that support its goals. The MIC2025 initiative was launched in 2015 with the intention of transforming China into a global leader in technology production and innovation within a decade. The resolution outlines various tactics employed by the CCP, including government intervention, theft of intellectual property, and the use of unfair trade practices, to achieve these ambitions.
Contention
Discussion surrounding HR697 reflects a broader debate about the role of the CCP in global trade and economics. Proponents argue that a united front against the CCP's practices is essential for protecting U.S. innovation and security. However, critics may highlight the need for diplomatic avenues over resolutions that could escalate tensions. The bill encapsulates a contentious perspective regarding how the U.S. should respond to international competition and alleged unfair practices carried out by the CCP.
Expressing the sense of the House of Representatives regarding United Nations General Assembly Resolution 2758 (XXVI) and the harmful conflation of China's "One China Principle" and the United States "One China Policy".
No Taxpayer Funded Platform for Chinese Communists Act This bill prohibits using federal funds made available to the U.S. Agency for Global Media to provide an open platform for representatives of the Chinese government, the Chinese Communist Party (CCP), or any entity owned or controlled by the Chinese government or by the CCP.
A resolution expressing the sense of the Senate regarding United Nations General Assembly Resolution 2758 (XXVI) and the harmful conflation of China's "One China Principle" and the United States'"One China Policy".
Condemning the Chinese Communist Party's use of a high-altitude surveillance balloon over United States territory as a brazen violation of United States sovereignty.
Securing American Families and Enterprises from People's Republic of China Investments Act or the SAFE from PRC Investments Act This bill requires certain issuers of securities and funds traded on an exchange to report on connections to China or the Communist Party of China. In particular, an issuer with specified connections to China must annually disclose a variety of details, including whether executive-level employees, senior directors, or board members are members of the Communist Party of China; interactions with the party; expenditures in China; expenditures in the United States regarding operations and lobbying activities; and the ability of the Public Company Accounting Oversight Board to audit the issuer. Additionally, an exchange-traded fund that invests in a Chinese company must annually disclose about that company ownership information, party involvement, whether the company participates in specified Chinese policies or activities, any ties to U.S.-sanctioned individuals, and the types of products or services produced by the company.
Expressing the sense of the House of Representatives that the Chinese Communist Party should be held accountable for present day efforts of knowingly and intentionally manipulating their currency.
Remembering the victims of the 1989 Tiananmen Square massacre and condemning the continued and intensifying crackdown on human rights and basic freedoms within the People's Republic of China, including the Hong Kong Special Administrative Region, by the Chinese Communist Party, and for other purposes.
Innovative Mitigation Partnerships for Asphalt and Concrete Technologies Act or the IMPACT ActThis bill requires the Department of Energy (DOE) to establish a temporary program that supports advanced production of low-emissions cement, concrete, and asphalt.Specifically, the program must support research, development, and commercial application of production processes for low-emissions cement, concrete, and asphalt that are more cost-effective, durable, or resource-efficient (i.e., advanced production). The program must particularly focus on carbon capture technologies, energy-efficient processes, research involving novel materials, and other specified technologies and innovative processes.DOE must select entities to implement relevant demonstration projects; eligible entities include government, nonprofit, educational, and private sector entities. DOE may terminate these projects if it determines that sufficient amounts of low-emissions cement, concrete, and asphalt that are produced through advanced production are commercially available at reasonable prices.The program terminates seven years after the bill is enacted.