China and the United States now account for over one-third of global economic output and over 50 percent of global growth. Bilateral trade volume has increased by over 250 times since the early days of diplomatic ties and takes up one-fifth of the global total. Two-way investment has jumped from almost zero to nearly 240 billion U.S. dollars, and annual two-way visits by the two peoples have reached 5 million.
For instance, the ambassador said, China has already solved the border issues and concluded treaties with 12 of the 14 countries with which it has land borders.
BEIJING, Aug. 13 (Xinhua) -- Recalling those strange days back in March, when I, as a Xinhua reporter working in New York for years, was suddenly forced to return home following the U.S. order limiting the number of Chinese journalists, I only felt everything that had happened was too dramatic to be true.
As a result, the relationship between the world's top two economies now faces what Chinese State Councilor and Foreign Minister Wang Yi recently described as the most serious challenge since the two sides forged diplomatic ties 40 years ago.
Secondly, "our two countries, of course, are very different in terms of historical heritage, culture, economic development, and political system, and so on and so forth. These differences will be there, maybe for quite a long time to come," he said.
"All issues can be put on the table for discussion," Wang said.
BEIJING, Aug. 5 (Xinhua) -- The South China Sea is the shared home for the countries in the region and should not be a wrestling ground for international politics, Chinese State Councilor and Foreign Minister Wang Yi said Wednesday in an exclusive interview with Xinhua.
According to Zhao, China's decision stems from the wrongdoings of the U.S. side. The sanctions, effective from Monday, are applied to U.S. officials, including Senators Marco Rubio, Ted Cruz, Josh Hawley, Tom Cotton and Pat Toomey, Representative Chris Smith, and Carl Gershman, President of the National Endowment for Democracy, Derek Mitchell, President of the National Democratic Institute, Daniel Twining, President of the International Republican Institute, Kenneth Roth, Executive Director of Human Rights Watch, and Michael J. Abramowitz, President of Freedom House.
BEIJING, Aug. 13 (Xinhua) -- China has decided to suspend the agreement on the surrender of fugitive offenders (SFO) between its Hong Kong Special Administrative Region (HKSAR) and Germany and shelve a similar one with France, Chinese Foreign Ministry spokesman Zhao Lijian said at a daily press briefing Thursday.
This year marks the 75th anniversary of the victory in the World Anti-Fascist War and the founding of the United Nations. "We must not allow the international system to be undermined arbitrarily, or the world divided again," Wang said.
"With the joint efforts of the two sides, we hope to take the relationship back to the right track despite current disturbances and difficulties. This is the best way to honor General Scowcroft," it said.