In May 2024, the United States released a series of latest export control and economic sanctions, including measures to strengthen control over relevant Chinese enterprises and research institutions in the field of advanced technology, as well as the US Department of Commerce's adjustment of the interim final rules previously issued for Australia and the United Kingdom; four detailed revisions to the US Export Control Regulations, etc. This article mainly briefly discusses the current status of US export control and economic sanctions against China and the response plans and measures of enterprises.
A brief analysis of the latest US export control economic sanctions against China and its response measures
In May 2024, the Bureau of Industry and Security (BIS) under the U.S. Department of Commerce announced that 37 Chinese entities were added to the Entity List in accordance with the Export Administration Regulations (EAR) . BIS is the agency primarily responsible for managing and enforcing the EAR. It controls the export, re-export, and domestic transfer of controlled items, including products, software, and technology, and decides whether to approve export licenses. Whether an export license is issued depends on a variety of factors, including the nature of the exported product, the security situation of the destination country, and the credibility of the end user.
The specific situations involved in the 37 Chinese entities included in the Entity List this time are as follows: 22 entities supported China's quantum technology and obtained or attempted to obtain U.S.-origin items to enhance China's quantum technology level; 11 entities participated in China's high-altitude balloon program, which BIS believes poses a major threat to U.S. national security; 4 entities obtained or attempted to obtain U.S.-origin items for use in China's military drone systems.
Items subject to the EAR include items of U.S. origin, items within the U.S., and non-U.S. products that meet certain conditions. The EAR provides guidance and instructions to companies by listing restricted items marked with export control classification numbers (ECCN numbers) on the Commercial Control List (CCL). In 2011, the U.S. Department of Commerce added a new "License Exception" to the EAR. At the same time, strict export restriction rules are also set for some sensitive regions and sensitive end uses or end users in the form of lists, such as the Entity List mentioned above.