THE IMPACT OF THE U.S. ENTITY LIST ON THE SECURITY AND STABILITY OF CHINA'S INDUSTRIAL AND SUPPLY CHAINS AND COUNTERMEASURES
Keywords:
BIS Entity List, Industrial and supply chain security, Response strategiesAbstract
The US Entity List is an export control tool established by the Bureau of Industry and Security of the US Department of Commerce based on the Export Administration Regulations. Since its first release in 1997, especially after the escalation of the Sino-US trade friction in 2018, it has frequently included numerous Chinese entities. It presents characteristics such as strong sectoral targeting, large-scale expansion, multi-list coordinated blockade, and the generalization of the concept of national security. This has had an impact on various aspects of our country's related enterprises, including exports, technological upgrading, international scientific and technological cooperation, operational costs, and the security of the industrial chain and supply chain. However, it has also enhanced the resilience of our country's industrial chain and supply chain. In response to this, our country needs to strengthen the construction of supply chain security review capabilities, promote technological research and development and the improvement of the industrial chain, improve the foreign-related science and technology legal system, improve the risk assessment mechanism, establish a sanctions list data query mechanism, accelerate the development of independent science and technology and deepen international supply chain cooperation, in order to maintain the security and stability of the industrial chain and supply chain, and enhance the independent control ability and international competitiveness.References
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