SEMIANNUAL REPORTS CONCERNING UNITED STATESPEOPLE’S REPUBLIC OF CHINA JOINT DEFENSE CONVERSION COMMISSION.

SEC. 1343. SEMIANNUAL REPORTS CONCERNING UNITED STATESPEOPLE’S REPUBLIC OF CHINA JOINT DEFENSE CONVERSION COMMISSION. (a) Reports Required.— The Secretary of Defense shall submit to Congress a semiannual report on the United States-People’s Republic of China Joint Defense Conversion Commission. Each such report shall include the following: (1) A description of the extent to which the activities conducted in, through, or as a result of the Commission could have directly or indirectly assisted, or may directly or indirectly assist, the military modernization efforts of the People’s Republic of China. (2) A discussion of the activities and operations of the Commission, including— (A) United States funding; (B) a listing of participating United States officials; (C) specification of meeting dates and locations (prospective and retrospective); (D) summary of discussions; and (E) copies of any agreements reached. (3) A discussion of the relationship between the “defense conversion” activities of the People’s Republic of China and its defense modernization efforts. (4) A discussion of the extent to which United States business activities pursued, or proposed to be pursued, under the 110 STAT. 488imprimatur of the Commission, or the importation of western technology in general, contributes to the modernization of China’s military industrial base, including any steps taken by the United States or by United States commercial entities to safeguard the technology or intellectual property rights associated with any materials or information transferred. (5) An assessment of the benefits derived by the United States from its participation in the Commission, including whether or to what extent United States participation in the Commission has resulted or will result in the following: (A) Increased transparency in the current and projected military budget and doctrine of the People’s Republic of China. (B) Improved behavior and cooperation by the People’s Republic of China in the areas of missile and nuclear proliferation. (C) Increased transparency in the plans of the People’s Republic of China’s for nuclear and missile force modernization and testing. (6) Efforts undertaken by the Secretary of Defense to— (A) establish a list of enterprises controlled by the People’s Liberation Army, including those which have been successfully converted to produce products solely for civilian use; and (B) provide estimates of the total revenues of those enterprises. (7) A description of current or proposed mechanisms for improving the ability of the United States to track the flow of revenues from the enterprises specified on the list established under paragraph (6)(A). (b) Submittal of Reports.— A report shall be submitted under subsection (a) not later than August 1 of each year with respect to the first six months of that year and shall be submitted not later than February 1 of each year with respect to the last six months of the preceding year. The first report under such subsection shall be submitted not less than 60 days after the date of the enactment of this Act and shall apply with respect to the six-month period preceding the date of the enactment of this Act. (c) Final Report Upon Termination of Commission.— Upon the termination of the United States-People’s Republic of China Joint Defense Conversion Commission, the Secretary of Defense shall submit a final report under this section covering the period from the end of the period covered by the last such report through the termination of the Commission, and subsection (a) shall cease to apply after the submission of such report.