Washington, DC - Today, Congresswoman Elise Stefanik and Congressman Anthony Gonzalez (OH-16) reintroduced the Chinese Research Funds Act, legislation that will determine the amount of federal research funding that has been provided to entities in the People's Republic of China, or to entities majority owned and controlled by the Chinese Communist Party (CCP).
The Chinese Research Funds Accounting Act will direct the Comptroller General of the United States to conduct a study on Federal research funding made available to entities located within the PRC, or majority owned or controlled by the CCP, over the last five years. Such a study would examine:
- The total amount of Federal research funding made available to these entities within the PRC or controlled by the CCP
- The total number and type of entities that received such funding
- The requirements related to the awarding, tracking, and monitoring of such Federal funds
- Any other data available with respect to Federal research funds being made available to such entities
Congresswoman Stefanik issued the following statement: “It is more important than ever to hold the Chinese Communist Party accountable for their actions following their coverup of the COVID-19 pandemic. This bill will allow Congress to increase its oversight on American dollars sent to China for shared international research, and takes an important step in ensuring America's intellectual property is not stolen."
“The Chinese Communist Party (CCP) has worked to steal our intellectual property and undermine our institutions as they stand,” Congressman Gonzalez said. “I am proud to support this bipartisan legislation that will take vital steps to hold the CCP accountable for their actions and allow Congress to exercise its oversight role in combating threats China poses to the United States."