The spokesperson for the Ministry of Commerce answered questions from reporters regarding the UK government's plan to nationalize British steel

A reporter asked: Recently, British media reported that the British government will pass relevant legislation to nationalize the British Steel Company, a subsidiary of China's Jingye Group. What is China's comment on this?

Answer: We have noticed the relevant reports. It has been over a year since the British government took over British Steel from Chinese companies. China's position and attitude have always been clear and consistent, that is, no matter what actions the British government takes, it should fully consider the huge investment of Chinese companies in British steel and their contributions to the British economy and society, respect the will of enterprises and market principles, not abuse administrative coercive measures, and actively seek fair and legitimate solutions that are acceptable to both sides with Chinese companies. I hope the British government will follow the principles of fairness, justice, and non discrimination, think twice before making decisions, make prudent decisions, effectively protect the legitimate rights and interests of Chinese enterprises, and maintain the good atmosphere of the hard won economic and trade relations between China and the UK. The Chinese side will closely monitor the progress of the incident and take effective measures to safeguard the legitimate rights and interests of Chinese enterprises.