Q: According to reports, the British government announced on the 16th that it has nationalized British Steel in accordance with the “Steel Industry Act”, taken over the company previously controlled by China Jingye Group, and will pass secondary legislation to establish a compensation mechanism to independently evaluate compensation matters. British Prime Minister Stammer said that the decision guarantees the future of the British steel industry and protects skilled jobs. What comments does the Chinese side have on this? A: China's Ministry of Commerce has responded; you can check it. What I want to emphasize is that this incident has attracted great attention from the Chinese people. How the British side handles this matter will directly affect the views of Chinese investors on the British investment environment and the Chinese people's views on the credibility of the British government. China and Britain have signed investment protection agreements, and investors' legitimate rights and interests must be fully protected according to law. The Chinese side urges the British side to earnestly respect market principles and the spirit of contract, and find a solution acceptable to both parties, including how to make compensation. The Chinese side supports enterprises using legal means to defend their rights. It is closely monitoring the progress of the incident and will take measures to protect rights if necessary.

Q: According to reports, the British government announced on the 16th that it has nationalized British Steel in accordance with the “Steel Industry Act”, taken over the company previously controlled by China Jingye Group, and will pass secondary legislation to establish a compensation mechanism to independently evaluate compensation matters. British Prime Minister Stammer said that the decision guarantees the future of the British steel industry and protects skilled jobs. What comments does the Chinese side have on this? A: China's Ministry of Commerce has responded; you can check it. What I want to emphasize is that this incident has attracted great attention from the Chinese people. How the British side handles this matter will directly affect the views of Chinese investors on the British investment environment and the Chinese people's views on the credibility of the British government. China and Britain have signed investment protection agreements, and investors' legitimate rights and interests must be fully protected according to law. The Chinese side urges the British side to earnestly respect market principles and the spirit of contract, and find a solution acceptable to both parties, including how to make compensation. The Chinese side supports enterprises using legal means to defend their rights. It is closely monitoring the progress of the incident and will take measures to protect rights if necessary.