[Congressional Record Volume 164, Number 96 (Monday, June 11, 2018)]
[Senate]
[Page S3621]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2605. Mr. RUBIO submitted an amendment intended to be proposed to 
amendment SA 2282 submitted by Mr. Inhofe (for himself and Mr. McCain) 
and intended to be proposed to the bill H.R. 5515, to authorize 
appropriations for fiscal year 2019 for military activities of the 
Department of Defense, for military construction, and for defense 
activities of the Department of Energy, to prescribe military personnel 
strengths for such fiscal year, and for other purposes; which was 
ordered to lie on the table; as follows:

       On page 842, between lines 14, and 15, insert the 
     following:
       ``(G) Investments in united states businesses targeted by 
     made in china 2025 initiative.--
       ``(i) In general.--In addition to any other transaction 
     covered by this paragraph, the term `covered investment' 
     includes any investment (other than a passive investment) by 
     any foreign person in a United States business that produces, 
     designs, tests, manufactures, or develops one or more 
     products described in clause (ii).
       ``(ii) Products described.--A product is described in this 
     clause if any of the following apply with respect to the 
     product:

       ``(I) The Committee determines the product is comparable to 
     a product--

       ``(aa) manufactured or produced in, or exported from, the 
     People's Republic of China; and
       ``(bb) that receives support from the Government of the 
     People's Republic of China pursuant to the Made in China 2025 
     industrial policy of that Government.

       ``(II) The product is specified in any of the following 
     documents of the Government of the People's Republic of 
     China:

       ``(aa) Notice on Issuing Made in China 2025.
       ``(bb) China Manufacturing 2025.
       ``(cc) Notice on Issuing the 13th Five-year National 
     Strategic Emerging Industries Development Plan.
       ``(dd) Guiding Opinion on Promoting International 
     Industrial Capacity and Equipment Manufacturing Cooperation.
       ``(ee) Any document relating to the 863 program or the 
     State High-Tech Development Plan.
       ``(ff) Any other document that expresses a national 
     strategy or stated goal in connection with the Made in China 
     2025 industrial policy set forth by the Government of the 
     People's Republic of China, the Communist Party of China, or 
     another entity or individual capable of impacting the 
     national strategy of the People's Republic of China.

       ``(III) The Committee determines that the product receives 
     support from the Government of the People's Republic of China 
     and imports of that product into the United States have or 
     will in the future displace net exports of comparable 
     products by the United States.
       ``(IV) The Committee determines the product is produced by 
     or used in any of the following industries:

       ``(aa) Civil aircraft.
       ``(bb) Motor car and vehicle.
       ``(cc) Advanced medical equipment.
       ``(dd) Advanced construction equipment.
       ``(ee) Agricultural machinery.
       ``(ff) Railway equipment.
       ``(gg) Diesel locomotive.
       ``(hh) Moving freight.
       ``(ii) Lithium battery manufacturing.
       ``(jj) Artificial intelligence.
       ``(kk) High-capacity computing.
       ``(ll) Quantum computing.
       ``(mm) Robotics.
       ``(nn) Biotechnology.
       ``(iii) Relation to definition of passive investment.--For 
     purposes of subparagraph (D), any reference to a United 
     States critical infrastructure company or United States 
     critical technology company shall be deemed to include a 
     reference to a United States business described in clause 
     (i).
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