"China's role in opening up to global economy through many initiatives, including its BRI, contributes a lot to the trend of global trade flows given its very potential production and consumption hubs," Sorasak said.
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.
Huang called for more global solidarity against the virus, as well as efforts to achieve gender equality and women's well-rounded development.
The two sides have maintained communication and interaction, the CSRC said, adding that Chinese authorities have shown full cooperation sincerity by repeatedly communicating with the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) on joint inspections of accounting firms since 2019.
China never intends to and will never interfere in U.S. elections or other U.S. internal affairs. Likewise, the United States must abandon its fantasy of remodeling China to U.S. needs. It must stop its meddling in China's internal affairs, and stop its irrational cracking down on China's legitimate rights and interests, he said.
"Let business become the stabilizer for the relationship," said Ni.
Chinese State Councilor and Foreign Minister Wang Yi gives an exclusive interview to Xinhua on China-U.S. ties in Beijing, capital of China, Aug. 5, 2020. (Xinhua/Zhai Jianlan)
"Cambodia is highly confident that China, a hub of global business and investment, will not only open its market access for Cambodia's products in this current state, but also consider further liberalization for the kingdom's export," Sorasak said.
It is "a very negative trend that we need to defend ourselves against," Allen said, adding that both sides should work on building up mutual trust, "which is at a historic low right now."
The two sides wrapped up their negotiations on the bilateral FTA on July 20.
BEIJING, Aug. 5 (Xinhua) -- China rejects any attempt to create a so-called "new Cold War," Chinese State Councilor and Foreign Minister Wang Yi said Wednesday.