ITI to Congress: U.S. Tech Lead Over China Can’t Be Taken for Granted
WASHINGTON – In testimony before the U.S. House of Representatives Committee on Financial Services, global tech trade association ITI’s Senior Vice President of Policy and General Counsel John Miller highlighted ITI’s new Policy Recommendations for U.S. Economic Security (opens in a new tab) and urged Members of Congress to collaborate with industry to craft successful policies to counter China’s technological rise that enable companies to better compete globally.
Miller’s testimony emphasized that U.S. lawmakers should prioritize policies that support foundational elements of economic security—competitiveness, innovation, investment, and economic growth. He urged members of Congress and the Trump Administration to focus on U.S. investment, trade, supply chain, and tax policies to maintain the current advantage of U.S. companies and cautioned against efforts that limit U.S. competition with China.
“Do not take for granted the current U.S. technology lead over China. China’s longstanding disregard for international norms governing free trade and market access and its theft of IP has been well-established and must be addressed. However, regardless of whether China plays by the rules, we should be clear-eyed that over the past two decades China has improved in technological development, innovation, and growth,” Miller testified.
Read John Miller’s full testimony here (opens in a new tab).
Watch the full Committee hearing, Examining Policies to Counter China, here (opens in a new tab).