The content of the bill has sent an extremely erroneous signal, Shen Danyang, spokesman of the Ministry of Commerce said yesterday.
The bill, signed by US President Barack Obama early this week, also bans the US government from funding the issuance of export permits to commercial satellites sold to China.
The spokesman said the move directly affects the normal trade and investment cooperation between Chinese companies and their US partners, and it is not in line with creating and sustaining mutually beneficial partnerships between the two countries, state-run Xinhua news agency reported.
The US side should adopt practical measures to eliminate the negative impact the bill has on the China-US relations, Shen said.
Foreign Ministry spokesman Hong Lei also urged the United States to abandon discriminatory practices against Chinese enterprises.
"We hope the US side could get rid of such a move and do more things that will promote the development of bilateral ties and mutual trust," Hong said.