BEIJING, Aug. 6 (Xinhua) -- China on Thursday denounced the U.S. suppression and containment of Chinese high-tech firms by abusing state power.
"China stands ready to continuously work with other countries to safeguard a fair, just, open and non-discriminatory business environment, promote international science and technology exchange and cooperation, and ensure that safe, reliable and high-quality information technology will serve as an emerging driving force for global economic recovery and better life for people around the globe," Wang added. Enditem
In the past 40 years, bilateral trade between China and the United States has increased dramatically, from a negligible 2.5 billion U.S. dollars in the late 1970s to the incredible amount of over 630 billion dollars in 2018.
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.
Yang, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the Office of the Foreign Affairs Commission of the CPC Central Committee, said that a sound and stable China-U.S. relationship affects the well-being of China, the United States and the world at large.
Since Hong Kong's return to the motherland, the practice of "one country, two systems" has proven to be an enormous success, Zhao said, and Hong Kong residents enjoy unprecedented democracy and rights and freedoms in accordance with law.
The TEDA cooperation zone was officially launched in 2008 with an aim to build a new city out of desert.
Wang also noted that many international polls in recent years show that at least 90 percent of the Chinese people trust their government.
"Our message is quite clear: We urge the United States to stop acting with arrogance and prejudice, but enter into constructive dialogue with us on an equal footing. We hope that it will work with us to ease current tensions and put the relations back onto the right track of no conflict, no confrontation, mutual respect and win-win cooperation," he said.
The medical supplies, including 16,000 masks and 100 infrared thermometers, were presented on behalf of the Fujian Provincial People's Association for Friendship.
Mahmoud Beshr is a manager in charge of business development at the China-Egypt TEDA Suez Economic and Trade Cooperation Zone, a major Belt and Road project located on the shore of the Red Sea.