The report states: “Without question, China is the chief pacing technological competitor to the United States. It explicitly seeks to supplant the United States as the world’s top innovation power. Toward this end, China has embarked on an aggressive plan of military-civil fusion focused on critical and emerging technologies. This plan has the potential to disrupt global stability and ultimately undermine the security and prosperity of the United States and its allies.”
The United States has entered an era of long-term competition with revisionist powers. A key aspect of this competition will revolve around a contest for technological superiority waged between the national innovation bases of the respective competitors. The outcome of this competition will determine not just American national security but also how the nations of the world interact—and whether a free and open political and economic system will remain the foundation of those interactions.