China has decided to add two U.S. firms, PVH Corp. and Illumina, Inc., to its unreliable entity list, the Chinese Ministry of Commerce said on Tuesday.

The two entities have violated normal market trading principles, terminated regular trade with Chinese companies and adopted discriminatory measures against Chinese companies, thus severely harming their legitimate rights and interests, according to a statement released Tuesday by the Ministry of Commerce.

The decision was made to maintain national sovereignty, security, and development interests in accordance with relevant laws and regulations, according to the statement.

The unreliable entity list mechanism will take corresponding measures against the aforementioned entities based on relevant laws and regulations, the statement read further.

In response to media inquiries, a Chinese Ministry of Commerce spokesperson later released a statement, emphasizing that China has been prudent in handling matters related to the unreliable entity list, which targets only a few foreign entities that disrupt market rules and violate Chinese laws. 

The spokesperson reassured that foreign entities operating with integrity and in compliance with the law have no reason for concern.

The Chinese government, as always, welcomes enterprises from around the world to invest and conduct business in China. It remains committed to providing a stable, fair, and predictable business environment for foreign companies that adhere to laws and regulations, the spokesperson added.

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