The U.S. government has finalized restrictions on the investment in China's personal and companies to invest in China's advanced technologies this week.The Chinese business community criticized this as a typical economic coercion and scientific and technological bullying, which has serious adverse effects on related industries in China and the United States.

According to CCTV News, a spokesman for the China Trade Promotional Association Sun Xiao, Sun Xiao, said at the press conference on Thursday (October 31) that the China International Chamber of Commerce pays close attention to the rules of investment restrictions on China and in the process of rules formulation.Submitting written comments opinions, pointing out that the investment restriction rules are based on the US error assumptions and distorted. In fact, it is a typical economic coercion and technology bullying.Serious adverse effects will destroy the security and stability of the global industrial chain supply chain.

Sun Xiao said that the Chinese and American industrial and commercial circles hope to carry out cooperation in accordance with the laws of market economy and fair competition to achieve mutual benefit and win -win."We strongly call on the United States to cancel the investment restrictions on China."

The Ministry of Finance issued the final rules for investment restrictions on China on Tuesday (29th).This provision will prohibit some investment projects in advanced technology industries such as semiconductor, quantum computing, and artificial intelligence. Other matters shall notify the US government to prevent US capital and knowledge from being used to help China and develop key technologies that may achieve military advantages to achieve military advantagesEssence

In addition, the EU finally ruled that the Chinese electric vehicle imposed tariffs on Chinese electric vehicles.

Sun Xiao said: "We adhere to the consistent position in the past, hoping that China and the European Union will do each other, take care of each other reasonable concerns, oppose trade protectionism, jointly promote the healthy and stable development of China -EU economic and trade relations, inject it for the development of the world economic development and moreMore stability and positive energy "