A file photo of China's national flag (R) and the European Union flag hoisted together in Beijing, China, November 30, 2022. (Photo: VCG)

China is seriously concerned about the recent draft revision of the European Union (EU) on cybersecurity and draft act on industrial rules as they would harm China-EU trade ties and slow the bloc's digital and green transition, the Chinese mission to the EU said on Wednesday.

At a special press briefing held by the mission, Suo Peng, minister for trade and economy at the mission, said the EU's recent draft revision of the Cybersecurity Act introduces highly subjective and arbitrary "non-technical risk" factors, a typical practice of politicizing economic and trade issues and overstretching the concept of security.

Meanwhile, the draft Industrial Accelerator Act imposes multiple restrictive requirements on foreign investment and includes exclusionary EU origin clauses in public procurement and public support policies, which constitute investment barriers and institutional discrimination, Suo said.

The two proposals are suspected of violating World Trade Organization rules and would cause substantive harm to China-EU economic and trade relations, disrupt global industrial and supply chains, and weigh on the EU's own digital and green transition, Suo added.

He said China is ready to maintain constructive dialogues and consultations with the EU and will closely follow the relevant legislative process, warning that should the EU insist on turning the draft into law and discriminate against Chinese companies, China would have to take countermeasures.