Hong Kong does not improve and no high-level EU-China Human Rights Summit/Dialogue with a tangible outcome takes place prior to the event; 21. Regrets China’s support for the most oppressive regimes in the world, in particular in Syria, Iran and North Korea, but also in Venezuela and Cuba; Analysis and identification of the risks, vulnerabilities and challenges 22. Believes that the future EU strategy on China should provide the necessary tools and data to address the political, economic, social and technological threats stemming from China, including via its BRI, Dual Circulation Strategy, 14th Five-Year Plan, and Made in China 2025, China Standards 2035 and 16+1 policies, including its military modernisation and capacity build-up, and the implications of this for the Union’s open strategic autonomy and for the multilateral rules-based order; notes that there is an urgent need to ensure political will and resources for the implementation of the EU’s Connectivity Strategy; calls for greater coordination between the EU’s Connectivity Strategy and the Blue Dot Network in order to provide a sustainable alternative to the BRI; welcomes the G7 leaders’ agreement to develop a partnership to build back better for the world – the Build Back Better World (B3W) initiative – as an alternative to China’s BRI; calls for EU Member States and institutions to embrace the initiative and contribute to it; 23. Calls on the Commission to commission an EU-wide audit, broken down by Member State, of EU dependency on China in certain strategically important and critical sectors, including pharmaceutical supplies, if possible at both national and subnational level, building on its recent comprehensive analysis entitled ‘Strategic dependencies and capacities’ (SWD(2021)0352), which sets out plans to reduce risks related to undesired dependencies, while maintaining overall relations with China, which should be as reciprocal and balanced as possible and aligned with the EU’s values and strategic priorities; 24. Calls on the Commission and the Council to elaborate mechanisms to address these threats coherently, in particular by: (a) ensuring the EU’s unity at Member State level, which is needed to be able to properly implement the new EU-China strategy; calling on all Member States to uphold the EU’s core values; (b) building on the EU toolbox for national, regional and local risk-mitigating measures to develop global standards in partnership with like-minded partners for the new generation of technologies in accordance with democratic values, such as 5G and 6G networks, and ensuring that companies that do not fulfil security standards are excluded from 5G and 6G network development; (c) strengthening the EU’s capabilities in pursuit of global leadership, including through cooperation with like-minded partners; (d) ensuring institutional coordination between the Commission, the Council and the EEAS before BRI-related events, and cooperating with Member States to ensure that the decisions taken by those involved in the initiative are in line with EU policies and interests and respect fundamental EU values; stresses that