When President Joe Biden released his own version of an investment ban on Chinese defense and surveillance companies on Thursday, he didn't just raise the total number of companies from 48 to 59. In fact, his administration made significant changes to the list first assembled under former President Donald Trump. Protocol | China has analyzed the discrepancy between the lists before and after the June 3 Executive Order.
Of the 29 companies that didn't appear in the old list, at least 14 are aviation and aerospace firms with clear ties to the Chinese military. These include several affiliates of Aviation Industry Corporation of China, a defense aircraft manufacturer. The new list also adds Proven Glory Capital and Proven Honour Capital, two financing arms of Huawei that have sold bonds to international investors, according to the South China Morning Post.
The Biden administration also removed 18 companies from the list, most of which seem to have a less clear tie with the defense sector. These include the state-owned Commercial Aircraft Corporation of China, which makes civil aircraft, and China Three Gorges Corporation, which builds hydroelectric power plants.
Between the two lists, 30 companies are identical, including the most high-profile ones like telecom infrastructure giant Huawei, surveillance equipment maker Hikvision, and SMIC, the center of China's semiconductor ambitions.
The new executive order also referred to the companies as "Chinese Military-Industrial Complex Companies," as opposed to "Communist Chinese Military Companies" under the old administration.
Here's a table of the list before and after the June 3 Executive Order:
Old list | New list |
Advanced Micro-Fabrication Equipment Inc. (AMEC) | |
Aero Engine Corporation of China | Aero Engine Corporation of China |
Aerospace CH UAV Co., Ltd | |
Aerospace Communications Holdings Group Company Limited | |
Aerosun Corporation | |
Anhui Greatwall Military Industry Company Limited | |
Aviation Industry Corporation of China (AVIC) | Aviation Industry Corporation of China, Ltd. |
AVIC Aviation High-Technology Company Limited | |
AVIC Heavy Machinery Company Limited | |
AVIC Jonhon Optronic Technology Co., Ltd. | |
AVIC Shenyang Aircraft Company Limited | |
AVIC Xi'An Aircraft Industry Group Company Ltd. | |
Beijing Zhongguancun Development Investment Center | |
Changsha Jingjia Microelectronics Company Limited | |
China Academy of Launch Vehicle Technology (CALT) | China Academy of Launch Vehicle Technology |
China Aerospace Science and Industry Corporation | China Aerospace Science and Industry Corporation Limited |
China Aerospace Science and Technology Corporation | China Aerospace Science and Technology Corporation |
China Aerospace Times Electronics Co., Ltd | |
China Avionics Systems Company Limited | |
China Communications Construction Company (CCCC) | China Communications Construction Company Limited |
China Communications Construction Group (Limited) | |
China Construction Technology Co. Ltd. (CCTC) | |
China Electronics Corporation (CEC) | China Electronics Corporation |
China Electronics Technology Group | China Electronics Technology Group Corporation |
China General Nuclear Power Group | China General Nuclear Power Corporation |
China International Engineering Consulting Corp. (CIECC) | |
China Marine Information Electronics Company Limited | |
China Mobile Communications Group | China Mobile Communications Group Co., Ltd. |
China Mobile Limited | China Mobile Limited |
China National Aviation Holding Co. Ltd. (CNAH) | |
China National Chemical Corporation (ChemChina) | |
China National Chemical Engineering Group Co., Ltd. (CNCEC) | |
China National Nuclear Corporation | China National Nuclear Corporation |
China National Offshore Oil Corporation (CNOOC) | China National Offshore Oil Corporation |
CNOOC Limited | CNOOC Limited |
China North Industries Group Corporation (Norinco) | China North Industries Group Corporation Limited |
China Nuclear Engineering & Construction Corporation (CNECC) | China Nuclear Engineering Corporation Limited |
China Railway Construction Corporation | China Railway Construction Corporation Limited |
China Satellite Communications Co., Ltd. | |
China Shipbuilding Industry Corporation | China Shipbuilding Industry Company Limited |
China Shipbuilding Industry Group Power Company Limited | |
China South Industries Group | China South Industries Group Corporation |
China Spacesat | China Spacesat Co., Ltd. |
China State Construction Engineering Corporation | |
China State Shipbuilding Corporation | China State Shipbuilding Corporation Limited |
CSSC Offshore & Marine Engineering (Group) Company Limited | |
China Telecom Corporation Limited | China Telecom Corporation Limited |
China Telecommunications Corporation (China Telecom) | China Telecommunications Corporation |
China Three Gorges Corporation Limited | |
China United Network Communications Group (China Unicom) | China United Network Communications Group Co., Ltd. |
China Unicom (Hong Kong) Limited | China Unicom (Hong Kong) Limited |
Commercial Aircraft Corporation of China, Ltd. (COMAC) | |
Costar Group Co., Ltd. | |
CRRC Corporation | |
Dawning Information Industry Co. (Sugon) | |
Fujian Torch Electron Technology Co., Ltd. | |
Global Tone Communication Technology Co. Ltd. (GTCOM) | |
GOWIN Semiconductor Corp | |
Grand China Air Co. Ltd. (GCAC) | |
Guizhou Space Appliance Co., Ltd | |
Hangzhou Hikvision Digital Technology Co., Ltd | Hangzhou Hikvision Digital Technology Co., Ltd. |
Huawei | Huawei Investment & Holding Co., Ltd. |
Huawei Technologies Co., Ltd. | |
Inner Mongolia First Machinery Group Co., Ltd. | |
Inspur Group | Inspur Group Co., Ltd. |
Jiangxi Hongdu Aviation Industry Co., Ltd. | |
Luokung Technology Corporation (LKCO) | |
North Navigation Control Technology Co., Ltd. | |
Panda Electronics Group | Panda Electronics Group Co., Ltd. |
Nanjing Panda Electronics Company Limited | |
Proven Glory Capital Limited | |
Proven Honour Capital Limited. | |
Semiconductor Manufacturing International Corporation (SMIC) | Semiconductor Manufacturing International Corporation |
Shaanxi Zhongtian Rocket Technology Company Limited | |
Sinochem Group Co Ltd | |
Xiaomi Corporation | |
Zhonghang Electronic Measuring Instruments Company Limited. | |
Sources: Department of Defense 1, 2, 3, 4, Department of the Treasury 5) | Source: June 3 executive order |