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China on Friday issued a much-anticipated five-year plan that stakes out goals for development in seven high-tech sectors, outlines increases in research and development spending and emphasizes a need to attract foreign investment as part of its dual circulation strategy.

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China moves to attract foreign investment to bolster high-tech sectors

China’s Ministry of Commerce this week issued guidance saying Beijing will promote initiatives that attract foreign investment in high-tech sectors as a means to strengthen its supply chains, suggesting a range of moves including tax concessions and the expansion of free trade zones but noting all investments must fit China’s national strategy.

National Security Commission on AI approves final report

The National Security Commission on Artificial Intelligence approved its final report today, sending the White House and Congress a bevy of recommendations on how the United States should approach technology competition with China in the coming decade.

Former GE president: U.S. ‘naive’ about China

The U.S. is “naive” about China’s growing edge in technology and overestimates the willingness of its allies to confront Beijing, the former president and CEO of General Electric said on Monday.

‘Climate crisis’ coordination key to Tai’s 100-day plan

Addressing the “climate crisis” with U.S. trading partners will be a top priority during Katherine Tai’s first 100 days in office as U.S. Trade Representative if she is confirmed, she said this week.

Senate group offers bill to prioritize telecom security in U.S. trade policy

Lawmakers including senior Sens. Mark Warner (D-VA) and John Thune (R-SD) on Wednesday introduced a bill that would make communications infrastructure security a top priority in U.S. trade negotiations, which they called key to ensuring the secure rollout of global 5G networks and countering the deployment of untrustworthy Chinese technology by U.S. allies.

Tai pledges to hold China to phase-one deal, eyes review of China policies

U.S. Trade Representative nominee Katherine Tai on Thursday pledged to hold China accountable under its phase-one deal with the U.S. and to work with the rest of the Biden administration to craft a long-term vision for how the U.S. can best compete with Beijing.

Doud: EU’s Farm to Fork ag strategy is 'straight up protectionism’

The European Union’s agriculture sustainability strategy, known as “Farm to Fork,” is “straight up protectionism,” the former top agricultural negotiator at the Office of the U.S. Trade Representative said this week, arguing that the bloc was claiming its blocking of new agricultural technology would make European agriculture more sustainable.

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