Leader Schumer’s “China Competition 2.0” Initiative Is the Next Key Step in Limiting China’s Techno-Mercantilist Gains, Says ITIF
WASHINGTON—Following an announcement from Senate Majority Leader Chuck Schumer (D-NY) launching an initiative to advance national security and create a “China Competition 2.0” bill, the Information Technology and Innovation Foundation (ITIF), the leading think tank for science and technology policy, released the following statement from ITIF President Robert D. Atkinson:
Kudos to Leader Schumer for launching this “China Competition” 2.0 initiative. It can be the next key step in building on the momentum of last year’s Chips and Science Act to maintain America’s techno-economic lead in the face of the gains China has achieved through its rampant campaign of innovation mercantilism.
By working closely with the House, especially the new Select Committee on China, Congress has an opportunity to pass legislation that will help America win the defining competition of our time.
The Information Technology and Innovation Foundation (ITIF) is an independent, nonprofit, nonpartisan research and educational institute focusing on the intersection of technological innovation and public policy. Recognized by its peers in the think tank community as the global center of excellence for science and technology policy, ITIF’s mission is to formulate and promote policy solutions that accelerate innovation and boost productivity to spur growth, opportunity, and progress.