China News Service, August 20. In response to the United States' ban on the short video software TikTok, the spokesperson of the Ministry of Commerce Gao Feng pointed out that for a period of time, the United States has frequently restricted or even banned Chinese companies based on the so-called "national security" and "national emergency". Carrying out normal investment and business activities in the United States, imposing transaction bans on Chinese companies for unwarranted charges, without facts and legal basis, seriously damaging the legitimate rights and interests of companies, and seriously violating the basic principles of the market economy. Urge the US to abandon its wrong practices, stop unwarranted suppression of Chinese companies, and do more things that are conducive to the economic and trade cooperation between China and the US and the welfare of the people.

  The Ministry of Commerce held a regular online press conference on the 20th. A reporter asked: US President Trump, in the name of "protecting users' personal information," blocked the short video software TikTok, developed by a Chinese company and popular among young people in the United States. This will force the Chinese company’s TikTok business to be divested in the United States. How does the Ministry of Commerce comment on this? In recent years, the United States has continuously tightened its investment national security review. What impact will this have on Chinese companies’ investment in the United States?

  Gao Feng pointed out that for a period of time, the US has frequently used the so-called "national security" and "national emergency" as reasons to restrict or even prohibit Chinese companies from carrying out normal investment and business activities in the United States, and impose transaction bans on Chinese companies on unwarranted charges. There is no factual and legal basis, which seriously damages the legitimate rights and interests of enterprises and seriously violates the basic principles of the market economy. This is not good for China, not good for the United States, and not good for the whole world.

  Gao Feng emphasized that the US sanctions will undoubtedly shake the confidence of investors to invest in the US. China firmly opposes the use of investment national security review as a political tool, generalization and abuse of security review, and the Chinese government is determined to safeguard the legitimate rights and interests of domestic enterprises. Once again, the United States is urged to abandon its wrong practices, stop unwarranted suppression of Chinese enterprises, and do more things that are conducive to the economic and trade cooperation between China and the United States and the welfare of the people.