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<p>As highlighted in the government’s response to the Intelligence and Security Committee
of Parliament’s report on China, the government will not hesitate to use our powers
to protect national security where we identify concerns.</p><p><strong> </strong></p><p>The
government continues to provide guidance to businesses to protect investments, including
the National Protective Security Authority’s ‘Secure Innovation Campaign’.</p><p><strong>
</strong></p><p>The government has powers under the National Security and Investment
Act 2021 to scrutinise and, where necessary, intervene in acquisitions of control
over entities and assets in or linked to the UK that may pose national security risks.
Of the 15 final orders issued during the 2022-2023 financial year, eight involved
acquirers associated with China. The government carefully monitors the effect of this
system in mitigating risks. This includes seeking frequent feedback, such as through
the recent Call for Evidence launched on 13 November 2023.</p><p><strong> </strong></p><p>The
steps the government has taken related to the China report recommendations can be
found in the Government Response to the Intelligence and Security Committee of Parliament
Report ‘China’: <a href="https://www.gov.uk/government/publications/government-response-to-the-isc-china-report"
target="_blank">https://www.gov.uk/government/publications/government-response-to-the-isc-china-report</a></p><p><strong>
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