1. Short title This Act may be cited as the Rings of Fire Act of 2023 . 2. Indo-Pacific missile strategy (a) Findings Congress makes the following findings: (1) The 2022 National Defense Strategy states: The [People’s Republic of China (PRC)] has expanded and modernized nearly every aspect of the [People’s Liberation Army (PLA)], with a focus on offsetting U.S. military advantages. The PRC is therefore the pacing challenge for the Department. . (2) The 2020 report of the Department of Defense entitled Annual Report to Congress Involving the People’s Republic of China states that— (A) [t]he PRC has more than 1,250 ground-launched ballistic missiles (GLBMs) and ground-launched cruise missiles (GLCMs) with ranges between 500 and 5,500 kilometers. The United States currently fields one type of conventional GLBM with a range of 70 to 300 kilometers and no GLCMs.