Protecting US Innovation and Economic Security from the CCP.
This Act establishes the "CCP Initiative" within the Department of Justice to counter nation-state threats, specifically curbing spying by the Chinese Communist Party. The program focuses on protecting American intellectual property, academic institutions, and critical infrastructure from illegal technology transfer and hacking. The initiative also includes identifying foreign corrupt practices and investigating investments by Chinese companies.
Key points
Establishment of the CCP Initiative within the DOJ to counter economic espionage and trade secret theft.
Development of an enforcement strategy concerning nontraditional collectors, such as researchers in labs and universities.
Protection of US critical infrastructure against external threats through foreign direct investment and supply chain compromises.
Status:
Introduced
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