He added that as the world's economic powerhouse, China has a number of advantages ranging from raw materials, productivity, labor, infrastructure, economic diversification to education, among others.
He added that with joint efforts of China and ASEAN, two-way trade and investment grew in the first half of this year, and fast-track lanes for personnel and logistics exchanges have been established to facilitate resumption of work and production, as well as the smooth operation of industrial and supply chains.
Fourth, abandon the zero-sum mentality and stand up to shared responsibilities. "Our world still faces many global challenges. Traditional and non-traditional security challenges are intertwined. Almost all regional and international hotspot issues require a coordinated response from China, the United States and other countries," he said.
Today's China is not the former Soviet Union and China has no intention of becoming another United States, noted Wang.
BEIJING, Aug. 5 (Xinhua) -- China will as always welcome companies from other countries to invest and operate in China, a foreign ministry spokesperson said Wednesday.
A medic performs COVID-19 testing at a Chinese-built lab in Baghdad, Iraq on July 29, 2020. (Xinhua)
Regarding Washington's restrictions on Chinese technology companies, the experts agreed that the measures will only isolate Americans from progress in different fields, including 5G technology in telecommunications, in which Chinese companies are at the fore.
"Wang Yi emphasized that, saying China is willing to restart mechanisms for dialogue with the United States at any level, in any area and at any time. And that is precisely what the Chinese government has done," said Castrillon, who specializes in U.S. and Chinese affairs.
Gross interference in Hong Kong affairs undermines "one country, two systems": Chinese FM
Chinese FM calls for cooperation instead of decoupling in China-U.S. ties
Although Trump's actions could yield a short-term gain for the United States, they have introduced severe potential risks to U.S. interests, not to mention international and domestic rules of commerce, Wei said.