(Yicai Global) May 22 -- China will keep on increasing its market access for foreign firms despite the headwinds that Huawei Technologies is facing in the US, according to the nation's industry and information technology ministry.

China's government has not changed its opening-up policy due to the Huawei incident and China is always open to the world, a spokesperson from the ministry told Yicai Global in a press conference yesterday.

US President Donald Trump declared on May 15 a national emergency over threats against US technologies and added Huawei to a list of firms that from now on will have a harder time securing supplies.

Huawei plays a very important role in the development of 5G, and China firmly supports the firm in its cooperation with overseas businesses, the spokesperson added. However, 5G will be an achievement of global collective wisdom, and China has always adhered to the concept of open and shared development. 

China's 5G technologies are becoming more mature, and such chips have reached the conditions for commercial use, according to the ministry. In the early stages, China cooperated with domestic and foreign companies, including Ericsson, Nokia, Samsung Electronics, Intel, and Qualcomm, in the 5G field, resulting in good outcomes, the spokesperson said.

The Chinese government has been committed to improving its market-oriented, regulated business environment, the source said. Chinese companies that invest abroad must comply with the laws and regulations of those countries and they hope those nations treat them fairly, the person added. 

Editor: Emmi Laine