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Chairman Sullivan, Ranking Member Markey, distinguished members of the Committee, thank you very much for the opportunity to testify at today’s hearing on the China challenge and efforts to build U.S. resiliency and competitiveness. As requested, I will be focusing my remarks on three subjects. First, I will discuss Beijing’s challenge to U.S. global technology leadership and its ambitions to dominate what it often refers to as the “Fourth Industrial Revolution.” Second, I will discuss some of the challenges the United States faces in reshoring or diversifying supply chains presently based in China as well as in sustaining its technology leadership. Finally, I will offer recommendations for U.S. policy focusing on a few broad categories of effort: (1) information gathering; (2) government coordination; (3) immigration and basic science; (4) reforms of corporate and financial incentives; and (5) coordination with likeminded stakeholders. It is hoped that these policies might build long-term U.S. resilience and competitiveness as we enter what some call a “superpower marathon” with China.

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