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China has decided to impose sanctions on four individuals over their egregious behavior on Hong Kong issues and in response to the United States' gross interference in China's domestic affairs, Foreign Ministry spokeswoman Hua Chunying said on Monday.

China does not want to "put on a one-man show" with the Belt and Road Initiative, and it is not true that the initiative is "controlled" by China, Beijing said on Friday.

China has intensified its opening-up policy and the investment environment has become increasingly transparent and more aligned with international standards, while protection of IP rights has been strengthened, said Christian Hartel, board member of Wacker Chemie AG, a German chemical company.

China has accelerated its financial opening-up since 2017. Foreign securities, fund and futures firms were allowed to hold a maximum 51 percent stake in joint ventures, according to regulations announced in November 2017. The limit was removed on April 1 this year.

China appealed to the WTO in 2012 to contest US anti-subsidy tariffs on Chinese exports including several metal products, steel tire rims, solar panels, wind power equipment and aluminum goods.