China Responds to US Investment Restrictions

On October 30, the Ministry of Commerce spokesperson addressed reporters’ questions regarding the final rules on investment restrictions in China issued by the United States.

China’s Stance on US Investment Restrictions

The US Department of the Treasury released final rules on investment restrictions in China on October 29. China has expressed strong opposition to this move.

China’s Response

China firmly opposes the US’s issuance of final rules on investment restrictions in China. We have lodged stern representations with the US and reserve the right to take measures.

Impact of US Restrictive Measures

The US has generalized the concept of national security and introduced discriminatory investment restrictions against China, which is a typical non-market practice. The restrictive measures involve fields such as chips, artificial intelligence, and quantum computing. Most industries related to these fields do not involve national security, but they will be restricted by the US ban. This will interfere with normal economic and trade cooperation between Chinese and American enterprises and harm the interests of Chinese and American enterprises.

Call for Cooperation

China hopes that the US will respect the laws of market economy, clarify the boundaries of national security in the economic and trade field, stop politicizing and weaponizing economic and trade issues, and create a good environment for China-US economic and trade cooperation.