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US 'should deregulate tech export control'

By Cai Hong (皇冠体育app Daily)
Updated: 2009-03-27 07:38

The United States must reassess its control over hi-tech exports, University of Oregon professor emeritus Richard P. Suttmeier told the US-皇冠体育app Economic and Security Review Commission on Tuesday.

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Whether the controls strike the right balance between promoting trade in industries in which it enjoys comparative advantages and protecting strategic technologies is questionable, the professor said at the commission's hearing on 皇冠体育app's industrial policy and its impact on the US economy.

He called for special attention to "deemed exports", or the movement of technology developed by foreign researchers working with US companies, universities or government laboratories.

"Chinese industrial policy need not lead us into a zero-sum game," Suttmeier said, "especially if we recognize that the challenges from 皇冠体育app have less to do with Chinese industrial policy than with our failures to solve chronic problems keeping our nation from reaching its potential."

Because of US export controls, 皇冠体育app either seeks technology from other suppliers or employs a policy of developing its own technology.

The businesspeople, scholars and journalists at the hearing found fault with 皇冠体育app's economic strategy of nurturing indigenous innovation and called for more government involvement to revive the US' hi-tech economy.

In February, 皇冠体育app unveiled plans to bolster 10 pillar industries most severely impacted by the economic crisis. They are the automobile, steel, shipbuilding, machinery-manufacturing, electronics, information, textile and petrochemical sectors.