USCC Releases 2013 Annual Report to Congress
This month the U.S.-China Economic and Security Review Commission (USCC) released its 2013 Annual Report to Congress. This is the eleventh major document presented to Congress by the Commission that “responds to the mandate for the Commission to ‘monitor, investigate, and report to Congress on the national security implications of the bilateral trade and economic relationship between the United States and the People’s Republic of China.'” The report investigates eight major areas: proliferation practices, economic transfers, energy, United States capital markets, regional economic and security impacts, United States-China bilateral programs, World Trade Organization compliance, and freedom of expression.
In total, the report includes 41 recommendations for Congressional action but believes that 10 are of particular significance. In short, these significant recommendations pertain to:
- Increasing Navy presence in the Asia Pacific:
- Ensuring FDA inspections at the border;
- Developing an inventory of Chinese foreign direct investment (FDI) in the US;
- Preparing an inventory of existing federal use of cloud computing;
- Assessing whether to amend Committee on Foreign Investment in the US (CFIUS) statutes;
- Conducting comprehensive reviews of US and Chinese agricultural practices;
- Improving US air and maritime capabilities in Asia;
- Empowering and enabling the Securities and Exchange Commission (SEC);
- Urging the Administration to expedite progress in implementation of Section 806 of National Defense Authorization Act for FY 2011.
The HSDL collection also houses all previous USCC annual reports, from 2004-present.
Article formerly posted at https://www.hsdl.org/blog/newpost/view/s_4970