A total of 59 major projects, including 12 foreign-funded and 47 domestic ones, were agreed, covering tourism, the modern service industry and high-tech industries, with an estimated total investment of 14.2 billion yuan (about 2 billion U.S. dollars).
"China and Ecuador are in friendly communication these days through bilateral channels," Wang said, adding that on Thursday, the fishery authorities of the two countries held a special video teleconference, which led to positive consensus and good results.
The U.S. practice has no factual basis at all and is sheer malicious slander and political manipulation in an attempt to maintain its high-tech monopoly, he said. "This is a typical hegemonic behavior that runs against market principles and international trade rules and severely threatens the security of global industrial and supply chains."
He said that China has achieved rapid growth in part thanks to its opening-up to and cooperation with the rest of the world, including the United States, adding that China's continued growth has also created impetus for sustained growth and an enormous market for the United States and other countries.
Foreign Ministry spokesperson Wang Wenbin made the remarks at a daily press briefing when commenting on U.S. Secretary of State Mike Pompeo's recent announcement of the so-called "Clean Network" program to eliminate some Chinese apps from U.S. app stores.
Wang said that China-U.S. relations are facing the gravest challenge since the establishment of diplomatic ties, and their exchanges and cooperation in many areas are being seriously disrupted.
"Every year, we organize a lot of cultural activities that do help peoples enjoy better understanding and further promote the friendship." Enditem
China is committed to international cooperation on an equal footing, and the concept of a community with a shared future for mankind proposed by Xi Jinping has become increasingly attractive to the world. The Russian Communist Party supports Russia and China in consolidating their comprehensive strategic partnership of coordination and jointly promoting the democratization of international relations, it said. Enditem
The controller worried that funding for these projects from international financial institutions will be cut off if these projects cannot be completed on time.
The "America First" slogan has no place at the roundtable of multilateralism, while the Trump administration has been nagging others to "like it or lump it," and meanwhile, threatening withdrawals from multilateral mechanisms.
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)