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"By setting certain standards, the government is trying to guarantee homebuyers a good quality of living just as in many other countries," said Chen.

"China is promoting home rentals. This shows the country's concern for its people. We are happy to play a part," he said at the news conference on Dec 20.

"China is removing the cap on overseas ownership of joint ventures in the country. The progress has already been seen in the automobile sector. The telecoms industry is highly likely to be the next one to benefit from the change," Fu added.

"Charity organizations enjoy favorable tax policies because they are established for a public purpose. Therefore, they have a duty to disclose their information to the public in a timely manner," he said.

"But we have never received any additional or special treatment," Huawei said, "Our working capital primarily comes from our own business operations and external financing, rather than government subsidies. Over the past 10 years, 90 percent of our working capital has come from our business operations. Huawei's external financing follows all market rules, and our cost of debt aligns with market standards."