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Apple is ratcheting up investment in China, where it is facing mounting competition from rivals such as Huawei Technologies Co Ltd.

Apple CEO Tim Cook said that he was "deeply disappointed" by the guest-worker ban. "Like Apple, this nation of immigrants has always found strength in our diversity, and hope in the enduring promise of the American Dream," Cook tweeted in June.

Around 45 to 55 percent of the world's discarded plastic had been shipped to China during the 25 years leading up to the import ban. The United Nations said, since it started tracking the flow of waste in 1992, some 106 million metric tons of plastic waste produced by developed countries ended up in China.

Arthur Kroeber, founder of the China-focused Gavekal Dragonomics research service, said in an interview that foreign businesses had already felt the benefits from China's new round of measures to expand opening-up by gaining greater market access.

As China's sovereign wealth fund, CIC has adhered to the philosophy of win-win cooperation as a responsible, long-term investor, he said.