U.S. Announces High-Tech Investment Regulation Proposals Preserving National Security in the AI Field, etc.

6/22/2024 2:22 AM GMT+9

On the 21st, the US Treasury Department announced a plan to regulate investment from the United States in China's major high-tech fields, which may threaten the national security of the United States. The target also includes the artificial intelligence (AI) field.
The regulations prohibit investment or require reporting to the authorities, and the Ministry of Finance has narrowed it down.
In August last year, President Biden signed an executive order regulating investment in China in the three high-tech fields of semiconductors/microelectronics, quantum information technology, and specific artificial intelligence (AI) systems. The Ministry of Finance announced draft rules and a series of exceptional measures after the initial call for opinions.