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"China sticks to transparent, equal and fair principles when purchasing 5G telecom equipment. We never preset market shares for domestic and foreign enterprises," Miao said.

"Chinese companies could invest in Britain which would then give them a leg into the bigger European market. I think some of the appeal of Britain must drain away now."

"Consumer goods account for only 15 percent of China's total trade volume, but in developed countries it's 30 to 40 percent," he said.

"China, like other countries, will never allow anyone to engage in criminal activities, spread religious extremism and carry out violent terrorist activities under the pretense of religion," it said, adding that the report maliciously smeared and attacked the Chinese government's policies of governing Xinjiang and Tibet.

"China's growth prospects, which stand out among major economies, relatively higher interest rate levels and the yuan's prospects for long-term stability are expected to amplify the country's allure to foreign investment in the next five to 10 years," Wang said on the sidelines of the annual conference of the China International Finance Society on Friday.