China to monitor US entities list, further open to foreign investment

China will closely monitor the US “entity list”, which has led to sanctions on a few Chinese tech firms, and take measures to safeguard its rights and interests, the Ministry of Industry and Information Technology (MIIT) said.

Firms on the US “entity list” are barred from buying US parts and components without US government approval.

Huang Libin, a spokesman for the MIIT, said on Tuesday that China will not close its doors and blindly rely on Chinese-made technology, and it will further open up the telecommunications, internet and auto sectors to foreign investment.

“We will look at the trade friction between China and the United States with an open mind and a big heart,” he told reporters during a briefing.

“We will not blindly emphasize ‘self-reliance’, and not decouple from the development of international industries.”

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id:

Middle East

Digital Media W.L.L
Flat: 11, 1st floor, Bldg: A – 0782
Road: 0123, Block: 701, Tubli
Kingdom of Bahrain


Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us