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[Economics] China to control exports of some space and aviation components from July 1


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Chinese President Xi Jinping, captured in the Great Hall of the People in Beijing during bilateral meetings with dignitaries from Arab countries invited to a summit on May 30, 2024.

The Chinese government reported that it will control the export of components used in the aeronautical and space industry starting in July. The import of parts and software will go through a licensing process, Beijing said, alluding that it must safeguard its security and national interests.

BEIJING—
China will control exports of some aeronautical and space components starting July 1, its Ministry of Commerce announced Thursday, citing the need to protect the country's security and national interests.
Those wishing to export items such as aerospace structural components and equipment and software used in engine manufacturing, among others, will have to apply for an export license, according to a statement endorsed by China's customs administration and central military commission.

"In order to safeguard national security and interests, and fulfill international obligations such as non-proliferation, with the approval of the State Council and the Central Military Commission, it has been decided to apply export controls on the following items," it read the notice.
The list included the manufacturing of aerospace structural parts and engine manufacturing equipment, gas turbine engines, molds for manufacturing space suits, as well as the equipment and software used to manufacture them.
News brought by:https://www.vozdeamerica.com/a/china-controlara-las-exportaciones-de-algunos-componentes-espaciales-y-de-aviacion-a-partir-del-1-de-julio/7634948.html

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