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Code · BILL · 117th Congress · H.R. 4521 (EAS) — 112 HR 4521 EAS: United States Innovation and Competition Act of 2021 · Sec. 3403

Sec. 3403. Government of the People’s Republic of China subsidies list

233 words·~1 min read·/bill/117/hr/4521/eas/section-3403

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Not later than one year after the date of the enactment of this Act, and annually thereafter for 5 years, the Secretary of State, in coordination with the United States Trade Representative and the Secretary of Commerce, shall publish an unclassified report in the Federal Register that identifies— subsidies provided by the PRC government to enterprises in the PRC; and discriminatory treatment favoring enterprises in the PRC over foreign market participants. In compiling the report under subsection (a), the Secretary of State shall consider— regulatory and other policies enacted or promoted by the PRC government that— discriminate in favor of enterprises in the PRC at the expense of foreign market participants; shield centrally administered, state-owned enterprises from competition; or otherwise suppress market-based competition; financial subsidies, including favorable lending terms, from or promoted by the PRC government or centrally administered, state-owned enterprises that materially benefit PRC enterprises over foreign market participants in contravention of generally accepted market principles; and any subsidy that meets the definition of subsidy under article 1 of the Agreement on Subsidies and Countervailing Measures referred to in section 101(d)(12) of the Uruguay Round Agreements Act ( 19 U.S.C. 3511(d)(12) ).
The Secretary of State, in coordination with the Secretary of Commerce and the United States Trade Representative, may, as necessary and appropriate, consult with— other Federal agencies, including independent agencies; the private sector; and civil society organizations with relevant expertise.
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Sec. 3403
Government of the People’s Republic of China subsidies list
U.S.C.§ 3511
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