While the issues that generate tension between China and the United States are multiple and complex, the issues that unite them are weightier enough to save bilateral ties, he said.
While such actions undermine the multilateral trading system at large, they also diminish the level of trusts, he said.
"There is such a degree of political intervention, government intervention into the market. There's such a discrimination against Chinese company. These companies are just private companies," the ambassador said.
Third, reject decoupling and uphold cooperation. The interests of the two countries are deeply entwined. Forced decoupling will inflict a lasting impact on bilateral relations, and endanger the security of international industrial chains and interests of all countries, Wang said.
On Aug. 4, the Chinese side sent updated proposals concerning the joint inspections to the PCAOB based on the latest needs and ideas of the U.S. side, it said.
Over the past 40 years and more since the two countries entered into diplomatic ties, several generations of Chinese and Americans have worked together to advance China-U.S. relations, Wang said.
The Chinese diplomat said the recent allegations against Chinese consulate in Houston or any of Chinese diplomatic missions in the United States are "totally groundless."
Li pointed out that Prime Minister Rajapaksa has been long committed to promoting the friendship between the two countries.
"This very huge market access enables Cambodia to diversify its products and markets and reduce over-reliance on a few trading partners, i.e., Europe, U.S., and Canada, who traditionally trade with Cambodia on a concessional basis such as Everything But Arms (EBA), Generalized System of Preferences (GSP)," he said.
The Chinese side attaches great importance to consolidating and developing the traditional friendship between the two countries, and is willing to work with Vietnam in enhancing political mutual trust and strengthening unity and cooperation so as to push forward the relationship of the two parties and two countries, as well as their respective socialist causes for new and greater development, Xi said.
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.