Establishing a China Economics and Intelligence cell to publish China Economic Power Report

(a) Establishment Not later than 90 days after the date of the enactment of this Act, the Assistant Secretary of State for Intelligence and Research and the Assistant Secretary of the Treasury for Intelligence and Analysis (referred to in this section as the Assistant Secretaries) shall establish a joint cell to be known as the China Economics and Intelligence Cell. (b) Report required Not later than 180 days after the date of the enactment of this Act, the China Economics and Intelligence Cell, in coordination with other elements of the intelligence community and Federal agencies, as the Assistant Secretaries determine appropriate, shall submit to the congressional intelligence committees a report on economic and technological developments involving the People's Republic of China. (c) Elements The report required by subsection (b) shall include the following: (1) An assessment of the economic goals and strategies, financial capabilities, and current and future technological developments used by the People's Republic of China to become the dominant economic, technological, and military power in the world. (2) An assessment of efforts by the People's Republic of China during the preceding year to acquire technology from the United States and United States allies, to increase dependence of the United States on the economy of the People's Republic of China, and to distort global markets and harm the economy of the United States through predatory, non-market practices. (3) An assessment of plans and efforts by the People's Republic of China to leverage and weaponize the economic power of the country, including access to markets, manufacturing capacity, and use of trade and investment ties, to coerce the United States and United States allies to make concessions on economic security and national security matters. (4) An appendix that lists any Chinese entity that is— (A) included on the Entity List maintained by the Department of Commerce and set forth in Supplement No. 4 to part 744 of the Export Administration Regulations under subchapter C of chapter VII of title 15, Code of Federal Regulations; (B) included on the Unverified List maintained by the Department of Commerce and set forth in Supplement No. 6 to part 744 of the Export Administration Regulations; (C) included on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury (commonly known as the SDN list); (D) included on the Non-SDN Chinese Military-Industrial Complex Companies List maintained by the Office of Foreign Assets Control of the Department of the Treasury pursuant to Executive Order 13959 (50 U.S.C. 1701 note; relating to addressing the threat from securities investments that finance communist Chinese military companies); (E) designated by the Secretary of State as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act (8 U.S.C. 1189); (F) identified by the Secretary of Defense under section 1260H(a) of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (Public Law 116–283; 10 U.S.C. 113 note) as a Chinese military company operating directly or indirectly in the United States; or (G) included on a list maintained under clause (i), (ii), (iv), or (v) of section 2(d)(2)(B) of the Act entitled An Act to ensure that goods made with forced labor in the Xinjiang Autonomous Region of the People’s Republic of China do not enter the United States market, and for other purposes, approved December 23, 2021 (Public Law 117–78; 22 U.S.C. 6901 note) (commonly referred to as the Uyghur Forced Labor Prevention Act). (d) Use of information In preparing the report required by subsection (b), the Assistant Secretaries, in coordination with the Director of National Intelligence, shall use all available source intelligence and strive to declassify information included in the report. (e) Form The report required by subsection (b) shall be submitted in unclassified form, but may include a classified annex. (f) Public availability The unclassified portion of the report required by subsection (b) shall be made available to the public.