Midea introduces investment restrictions on China to clarify the national security bor

The U.S. government has introduced restrictions on the investment in China's individuals and companies to invest in advanced technology in China.Essence

The Ministry of Commerce of China responded to the incident on Wednesday (October 30) on the official website as a spokesman question and answer that the Chinese side resoluteReserves the right to take measures.

A spokesman said that the concept of generalization of the United States and the introduction of restrictions on discriminatory investment in China is a typical non -market approach.The US restrictions on measures involve chips, artificial intelligence, quantum computing and other fields, and most industries related to these areas do not involve national security, but they will be restricted by the US ban.

The spokesman continued that this will interfere with the normal economic and trade cooperation between China and the United States and harm the interests of Chinese and American enterprises."China has noticed that many American Merchants Associations and companies have proposed that the restrictions on the US investment in China will cause American companies to give the Chinese market to competitors in other countries, which seriously damages the interests of the United States."The United States respects the laws of the market economy, clarifies the national security border between the economic and trade field, stops politically and weapons economic and trade issues, and creates a good environment for Sino -US economic and trade cooperation.

The Ministry of Finance issued the final rules for investment restrictions on China on Tuesday (29th).This restrictions involve advanced technology industries such as semiconductor, quantum computing, and artificial intelligence. The final version of the final version will take effect on January 2 next year.

This provision will prohibit some of the investment projects in the above industries, and other matters will be notified to the US government in order to prevent US capital and knowledge from being used to help China and develop key technologies that may obtain military advantages.The Chinese Ministry of Foreign Affairs has expressed strong dissatisfaction on Tuesday, and emphasized that all necessary measures will be taken to firmly safeguard their legitimate rights and interests.