On behalf of the U.S.-China Economic and Security Review Commission, we are pleased to transmit the Commission's 2016 Annual Report to the Congress-the fourteenth major Report presented to Congress by the Commission-pursuant to Public Law 106-398 (October 30, 2000), as amended by Public Law No. 109-108 (November 22, 2005); as amended by Public Law No. 110-161 (December 26, 2007); as amended by Public Law No. 113-291 (December 19, 2014). This Report responds to the mandate for the Commission ''to monitor, investigate, and report to Congress on the national security implications of the bilateral trade and economic relationship between the United States and the People's Republic of China.'' The Commission reached a broad and bipartisan consensus, approving the Report by a vote of 11 ayes to 1 nay. In accordance with our mandate, this Report, which is current as of October 7, includes detailed treatment of our investigations of the areas identified by Congress for our examination and recommendation.