Abuse of security review to hurt foreign investment

The Ministry of Commerce said on Saturday it noticed some countries have tightened the security review of foreign investment in recent years, which may obstruct the investment activities of Chinese companies in the overseas markets.

"We are closely watching this issue and seeing how it develops," Qian Keming, vice-minister of commerce, told at a press conference from the sidelines of the two sessions. "We are firmly against protectionism in any form, and do not want to see the abuse of security review as a way to obstruct the normal investment activities."

"We are willing to work with relevant countries, creating an open and transparent business environment and making the world economy an open one," Qian added.