On October 17, 2020, the National People’s Congress Standing Committee adopted the Export Control Law of the People’s Republic of China (the “PRCECL”) within a year after the first draft law was put before the nation’s top legislative body. The PRCECL streamlines and consolidates the previously fragmented regulations by
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setting out the control and licensing framework,
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creating an export control entity list regime, and
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centralizing further the enforcement powers
to enhance the Chinese government’s ability to control and monitor the exports of military, dual-use, and other goods, technology and services in accordance with its national interests.