Ministry of Commerce spokesman He Yadong said at a regular press conference held on December 18 that the Chinese side has noticed that the European Commission has recently launched intensive investigations on the “Foreign Subsidies Regulations” against Chinese companies, launched in-depth investigations on CRRC Group and Tongfang Weishi, and even carried out on-site raids on Chinese digital platforms. The practices are bad, and clearly directional and discriminatory. The Chinese side strongly opposes this. We hope that the European side will immediately stop its unreasonable crackdown on foreign investors, including China, and carefully use FSR investigation tools to create a fair, just, and predictable business environment for enterprises investing and operating in Europe. The Chinese side is closely monitoring relevant European developments and will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises.

Ministry of Commerce spokesman He Yadong said at a regular press conference held on December 18 that the Chinese side has noticed that the European Commission has recently launched intensive investigations on the “Foreign Subsidies Regulations” against Chinese companies, launched in-depth investigations on CRRC Group and Tongfang Weishi, and even carried out on-site raids on Chinese digital platforms. The practices are bad, and clearly directional and discriminatory. The Chinese side strongly opposes this. We hope that the European side will immediately stop its unreasonable crackdown on foreign investors, including China, and carefully use FSR investigation tools to create a fair, just, and predictable business environment for enterprises investing and operating in Europe. The Chinese side is closely monitoring relevant European developments and will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises.