Ministry of Commerce spokesman He Yadong said at a regular press conference held on the 20th that China has always opposed the European side's misuse of unilateral tools such as the Foreign Subsidies Regulations to suppress Chinese enterprises. We hope that the European side and China will move in the opposite direction, quickly correct the wrong practices in the FSR investigation, and strengthen communication through dialogue between the governments. China will pay close attention to European developments and will take necessary measures to resolutely safeguard national security and the legitimate rights and interests of enterprises. At the press conference on the same day, a reporter asked: On August 19, the Chinese side once again issued a ban on the EU's use of the Foreign Subsidies Regulations to conduct cross-border investigations against relevant Chinese entities. What comments does the Ministry of Commerce have on this? He Yadong said that in May of this year, the Chinese side issued an injunction for the first time in the Tongfang Weishi case. Recently, in the JD case, the European side also arbitrarily unreasonably requested extensive information from relevant banking institutions in China that had nothing to do with the investigation. In this regard, on the basis of thorough investigation, the relevant departments of the Chinese government determined, in accordance with the “Regulations of the People's Republic of China on Anti-Improper Extra-Territorial Jurisdiction of Foreign Countries”, that the relevant cross-border investigation practices taken by the European side against the relevant Chinese entities in the FSR investigation against JD constituted improper extraterritorial jurisdiction measures, and requested that no organization or individual implement or assist in implementing the measures.
Zhitongcaijing · 1d ago
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Ministry of Commerce spokesman He Yadong said at a regular press conference held on the 20th that China has always opposed the European side's misuse of unilateral tools such as the Foreign Subsidies Regulations to suppress Chinese enterprises. We hope that the European side and China will move in the opposite direction, quickly correct the wrong practices in the FSR investigation, and strengthen communication through dialogue between the governments. China will pay close attention to European developments and will take necessary measures to resolutely safeguard national security and the legitimate rights and interests of enterprises. At the press conference on the same day, a reporter asked: On August 19, the Chinese side once again issued a ban on the EU's use of the Foreign Subsidies Regulations to conduct cross-border investigations against relevant Chinese entities. What comments does the Ministry of Commerce have on this? He Yadong said that in May of this year, the Chinese side issued an injunction for the first time in the Tongfang Weishi case. Recently, in the JD case, the European side also arbitrarily unreasonably requested extensive information from relevant banking institutions in China that had nothing to do with the investigation. In this regard, on the basis of thorough investigation, the relevant departments of the Chinese government determined, in accordance with the “Regulations of the People's Republic of China on Anti-Improper Extra-Territorial Jurisdiction of Foreign Countries”, that the relevant cross-border investigation practices taken by the European side against the relevant Chinese entities in the FSR investigation against JD constituted improper extraterritorial jurisdiction measures, and requested that no organization or individual implement or assist in implementing the measures.
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