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China responded strongly to the US announcement in November. The Ministry of Commerce said China will take necessary measures to ensure Chinese aluminum companies' legal rights.

China strongly urged the US to stop the provocations and refrain from damaging the peace and stability of the region as well as Sino-US cooperation, he added.

China supports innovation and development of platform enterprises and enhancing their international competitiveness, as well as the common development of public- and private-owned economies. But at the same time, companies should operate in accordance with the law and improve their digital rules, said Liu Junhai, a law professor at Renmin University of China who was quoted in the report.

China takes an open attitude towards the participation of telecommunications companies in all countries, including European companies such as Nokia and Ericsson, regarding 5G cooperation in the Chinese market, Foreign Ministry spokesman Wang Wenbin said on Tuesday, adding that the above-mentioned companies have already won bids on some Chinese projects.

China launched a battle against production overcapacity in key industries such as steel and coal. It has accomplished its plans to slash steel production capacity by around 50 million metric tons and coal by at least 150 million tons last year.