"Despite China’s repeated expression of deep concerns, the US went ahead with new investment restrictions. The Chinese side is very disappointed at this," Liu said on Wednesday.
"The economic and trade relationship between China and the US is mutually beneficial in nature. Two-way investment is an important area of bilateral trade."
Earlier Wednesday, the White House announced US President Joe Biden is signing an executive order authorizing the secretary of the US Treasury Department to regulate certain US investments into Chinese entities engaged in activities involving national security sensitive technologies in three sectors: semiconductors and microelectronics, quantum information technologies, and certain artificial intelligence systems.
The US Treasury Department is releasing a notice of proposed rulemaking in conjunction with the executive order to help facilitate a carefully tailored approach with stakeholders, officials said.
The measures were said to have been developed following consultations with allies, Congress and the industry.
The Treasury secretary will have the authority to investigate and penalize violations of the executive order, the officials said, adding that the industry will have great incentive to comply with the regulations.