2020年8月30日星期日

TikTok won't allow sell it

 The company is concerned that on August 28, the Ministry of Commerce and the Ministry of Science and Technology jointly announced the "Notice on Adjustment and Release lt; China's Catalogue of Export-restrictive Technologies & gt;", and that the company will strictly abide by the Regulations of the People's Republic of China on the Administration of Technology Import and Export and the" Catalogue of China's Export-restrictive Technologies "to deal with the related business of technology export. Why does byte beat make this statement? What happened back there?



China's Catalogue of Export-restrictive Technologies

On August 28, the Ministry of Commerce and the Ministry of Science and Technology adjusted and issued the Catalogue of China's Export-restrictive Technology (Ministry of Commerce Ministry of Science and Technology Proclamation No .38 of 2020, hereinafter referred to as the Catalogue).
 The adjustment of the catalog has sought the views of relevant departments, trade associations, industry-academia and the public, involving a total of 53 technical items: one is to delete four technical items that prohibit exports; the other is to delete five technical items that restrict exports; the third is to add 23 technical items that restrict exports; and the fourth is to modify the control points and technical parameters of 21 technical items.
 In accordance with the Regulations of the People's Republic of China on the Administration of Technology Import and Export, any transfer of technology abroad, whether by trade or investment or by other means, must strictly abide by the provisions of the Regulations of the People's Republic of China on the Administration of Technology Import and Export, in which restricted technology exports must apply to the competent department of commerce at the provincial level for a technology export license, and only after obtaining approval can substantive negotiations be conducted and technology export contracts signed.

I. What are the background and main considerations for the adjustment of the Catalogue?

 In accordance with the Regulations of the People's Republic of China on the Administration of Technology Import and Export, the Ministry of Commerce, together with the Ministry of Science and Technology, has formulated, adjusted and published a catalog of technologies that prohibit or restrict exports, the main purpose of which is to standardize the administration of technology exports, promote scientific and technological progress and foreign economic and technological cooperation, and safeguard national economic security. The last revision of the Catalogue was in 2008, more than a decade ago. With the rapid development of science and technology and the continuous improvement of China's scientific and technological strength and industrial competitiveness, it is imperative to adjust the catalog in time according to international practice. The adjustment removed four items of prohibited technology and adjusted the content of restricted technology.
 The Chinese government has always adhered to openness to promote development, to open cooperation in innovation, to create a good environment for scientific and technological innovation and international cooperation, and to promote the free flow of technological innovation elements. Since the 18th National Congress of the Party, China's technology trade has developed steadily and rapidly. According to the Ministry of Commerce, in 2013, China's technology export contract amount was $20 billion, less than half of the import contract amount; in 2019, the technology export contract amount was $32.1 billion, which was basically close to the import contract amount. Technology export not only optimizes China's export structure but also promote the industrial upgrading and economic development of related trading partners. In the future, we will further strengthen technical trade cooperation with countries around the world, continuously optimize the business environment of technology trade, and promote the healthy, orderly and sustainable development of China's technology trade.

What are the main contents of this catalog adjustment?


 The adjustment has sought the views of the relevant departments, trade associations, industry-academia and the public, involving 53 technical items:
 One is to delete microbial fertilizer technology, caffeine production technology, riboflavin production technology, vitamin fermentation technology and other four prohibited export technical items.
 The second is to delete five technical items that restrict export, such as Newcastle disease vaccine technology, natural drug production technology, functional polymer material preparation and processing technology, chemical synthesis and semi-synthetic drug production technology, and information security firewall software technology.
 Third, the new agricultural wild plant artificial breeding technology, cashmere goat breeding and variety cultivation technology, space material production technology, large-scale high-speed wind tunnel design and construction technology, aerospace bearing technology, laser technology and other 23 technical items restricting exports.
 Fourth, the control points and technical parameters of 21 technical items have been modified, involving the fields of crop breeding technology, aquatic germplasm breeding technology, chemical raw material production technology, biological pesticide production technology, spacecraft measurement and control technology, spatial data transmission technology, cartographic technology, information processing technology, vacuum technology and so on.


Authoritative experts selling TikTok U.S. business


 After the Ministry of Commerce and the Ministry of Science and Technology adjusted the release of China's export-restrictive technology catalog, it undoubtedly put a brake on TikTok sales.
 The notification adjustment means that if the byte runout requires the export of relevant technology, the licensing procedure should be carried out first.

Over the past month, a number of u.s. technology companies have shown strong interest in the acquisition of TikTok, including social platform twitter, streaming media giant Netflix、 asset management company Centricus and Triller have all been exposed to being in talks with byte beat about the acquisition business. Of all the potential buyers, Microsoft was an earlier firm.
 As a matter of fact, buying TikTok is not an easy thing. To buy TikTok u.s. business isn't just to buy TikTok u.s. employees, servers and office buildings.

 A number of comments pointed out that the most valuable TikTok is the personalized recommendation algorithm that supports its operation, which has recently been included in the Ministry of Commerce's China Export Ban Export restriction Technology catalog.

CNMOULDING NOTE: the global economy is the trend of world development, unilateralism will inevitably cause resistance.

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