Foreign media concerned that China reiterated that it will release export control lists in due course
Refer to a report on the news network on October 23. According to a report from Reuters in Beijing on October 22, China Business Ministry spokesperson Gao Feng reiterated on Thursday that the implementation of export control is a common practice in fulfilling international obligations such as non-proliferation. The control list will be further improved in accordance with the law and will be issued in a timely manner. It is also necessary to actively promote the legislative work of supporting regulations of the Export Control Law.
It is reported that the 22nd meeting of the Standing Committee of the 13th National People’s Congress of China voted on the 17th to pass the Export Control Law, which will come into effect on December 1. The law clearly stipulates that any country or region abuses export control measures to endanger China’s national security and interests, and China can take measures against it in accordance with actual conditions.
At the press conference, Gao Feng also stated that China’s outbound investment has remained generally stable, and Chinese companies’ investment in some regions and areas overseas has bucked the trend, and investment in countries along the “Belt and Road” has increased significantly. He pointed out that this fully shows that China and the countries related to the “Belt and Road” are highly complementary in economy, and the resilience and potential of economic and trade cooperation are huge.
He also said that according to German statistics, China has become Germany’s largest trading partner in the world for four consecutive years. In the second quarter of this year, China became Germany’s largest export market for the first time. He said that the two parties have broad space for cooperation not only in the field of traditional manufacturing, but also in new fields such as digital economy, green environmental protection, industrial Internet, new energy vehicles, and artificial intelligence.
According to reports, from January to September this year, China’s actual use of foreign capital was 718.81 billion yuan, a year-on-year increase of 5.2%(equivalent to US$103.26 billion, a year-on-year increase of 2.5%). For the first time this year, China’s actual use of foreign capital has achieved “double conversion” in the cumulative indicators of RMB and US dollars.
Source:Reference News Network