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

date
16:44 14/05/2026
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GMT Eight
Spokesperson of the Ministry of Commerce answers questions from reporters on the British government's plan to nationalize the British steel industry.
The Ministry of Commerce spokesperson answers questions from reporters on the British government's plan to nationalize British Steel. The Ministry of Commerce stated that the British government has been taking over British Steel from Chinese companies for over a year. China's position has always been clear and consistent that regardless of the actions taken by the British government, they should fully consider the significant investment of Chinese companies in British Steel and their contributions to the British economy and society. They should respect the wishes of the companies and market principles, avoid abusing administrative coercive measures, and actively seek a fair and acceptable solution acceptable to both sides with Chinese companies. They hope that the British government will follow the principles of fairness, justice, and non-discrimination, think carefully before acting, make decisions prudently, effectively protect the legitimate rights and interests of Chinese companies, and maintain the hard-won good atmosphere of the China-UK economic and trade relationship. China will closely monitor the progress of the situation and take strong measures to safeguard the legitimate rights and interests of Chinese companies.