China has a huge presence in the U.S. market as well as investment, as does the United States in China, which proves there are "very deep trade ties" between the two, he noted.
The two sides, he said, should explore ways to resume exchanges at all levels in an orderly manner, establish bilateral and regional "fast lanes" and bolster cooperation in "green lanes," so as to help the two countries resume work and production and ensure the stable operation of industrial and supply chains.
China is committed to developing a China-U.S. relationship featuring non-conflict, non-confrontation, mutual respect and win-win cooperation, Yang said. "Dialogue and cooperation between China and the United States does not just benefit one side, nor is it a favor granted by one side to the other. It features equality and mutual benefit." Enditem
Data from both Skyworks and Qualcomm were also quoted as examples. "More than 60 percent of smart phones sold in China now incorporate 5G technology. Qualcomm's shares, too, are close to an all-time high," it said.
The bilateral cooperation against the disease is a model of China's international anti-virus cooperation, he said, adding that such cooperation showed that to unite and work together is an effective way to address global challenges.
Washington has never stopped abusing national and political power to repress law-abiding Chinese tech companies. Although Washington has failed to give any credible evidence to support its claim that Huawei poses a security threat, it has spent months piling pressure on other countries to exclude the Chinese tech giant from their 5G networks. More recently, the White House threatened to ban outright TikTok, a hugely popular video-sharing app worldwide.
"After establishment of diplomatic ties, and thanks to concerted efforts on both sides, China-U.S. relations have made historic progress despite ups and downs along the way," he said.
Figures from the World Bank's Doing Business 2020 report show that China has made greater progress in the 2005-2020 period than any other large economy in terms of facilitating the ease of doing business. Moreover, China's Ministry of Commerce is amending a regulation on foreign strategic investments in Chinese listed firms to ease thresholds and restrictions on foreigners buying equity stakes.
Scowcroft, 95, who had served as U.S. national security adviser under former Presidents Gerald R. Ford and George Bush, died on Thursday of natural causes at his home in Falls Church, Virginia. Enditem
Meanwhile, Ahmed al-Banna, an Egyptian designer and consultant of Egypt's new capital project, said the CSCEC not only ensured the project's continuous production, but also implemented effective anti-pandemic measures.
"China and Ecuador are in friendly communication these days through bilateral channels," Wang said, adding that on Thursday, the fishery authorities of the two countries held a special video teleconference, which led to positive consensus and good results.