The House Select Committee on China has raised alarms over Beijing’s plans to become the world’s next technology manufacturing hub.
Mikie Sherrill (D-N.J.), a retired Navy pilot, will introduce a three-part Resolution on Monday that targets the “Made in China 2025”, initiative of the Chinese Communist Party. Sherrill’s legislation would document Beijing’s strategy, as well as the unethical practices that are alleged to be used in order to achieve this goal.
According to a one-pager, it would also encourage the relevant U.S. sector to “take inventory” of their capabilities to be more aware of where the U.S. is now compared to China.
Sherrill said, “Policymakers have been neglecting the Made in China 2025 plan of the Chinese Communist Party for too long.” “That must change today.” “We must act quickly to counter the CCP’s increasing economic aggression and its attempts to dominate technology in the future, which is critical to our national security and economic health.”
Sherrill stated that businesses in New Jersey, her home state, “have been the targets of CCP’s unfair trade practices.”
Beijing’s MIC 2025 has alarmed those who are concerned about foreign policy. They have accused Beijing that it is increasing the number of cases of intellectual theft to achieve its goals of advanced manufacturing.
Sherrill stated, “This is a bipartisan resolution calling on the public, nonprofit, and private sectors to come together and work to make sure the U.S. remains competitive in the future and win this strategic competition against the CCP.”
Raja Krishnamoorthi (D-Ill.) and Mike Gallagher (R-Wis.), vice-chair of the China select committee, have endorsed the resolutions package.
Sherrill will hold a press conference to announce her initiative on Monday morning.
According to the Institute for Security and Development Policy, China’s manufacturing plan focuses on ten key areas including aerospace equipment and new information technologies, medical devices, and agriculture equipment.
In 2018, the Trump administration launched an investigation into the plan. The administration, among other things, accused China of using “opaque regulations, licensing requirements, and discriminatory practices” to benefit Chinese companies at the expense of foreign competitors.
After the release of the report, President Trump announced retaliatory duties on billions in Chinese goods.