Spokesperson of the Chinese Ministry of Commerce answers questions on the final rules issued by the US on investment restrictions towards China

The spokesperson of the Ministry of Commerce responded to questions from reporters on the final rules issued by the United States on investment restrictions on China.

Question: On October 29th, the U.S. Department of the Treasury issued the final rules on investment restrictions on China. What is China's comment on this?

Answer: China firmly opposes the U.S. issuance of the final rules on investment restrictions on China, has lodged solemn representations with the U.S., and reserves the right to take measures. The U.S. has generalized the concept of national security and implemented discriminatory investment restrictions on China, which is a typical non-market practice. The U.S. restrictions involve areas such as chips, artificial intelligence, quantum computing, etc., most of which are not related to national security, yet they will all be subject to U.S. prohibitions. This will disrupt the normal economic and trade cooperation between Chinese and American companies, harming the interests of both countries' enterprises. China has noted that many American business associations and companies have pointed out that U.S. investment restrictions on China will lead American companies to cede the Chinese market to competitors from other countries, severely damaging U.S. interests. We hope the U.S. will respect the laws of the market economy, clarify the boundaries of national security in the economic and trade fields, stop politicizing and weaponizing economic and trade issues, and create a favorable environment for Sino-U.S. economic and trade cooperation