"Their allegations are fanfare for ideological confrontation and the Cold War mentality," Yang said. "They are nothing short of discredit to the enormous efforts and contributions made throughout past decades by people across the two societies to promote the development of China-U.S. relations."
China has no intention to fight a "diplomatic war" with the United States as it will only hurt the interests of the two peoples even more, Wang said.
The controller worried that funding for these projects from international financial institutions will be cut off if these projects cannot be completed on time.
Such a blatant act of bullying runs against the World Trade Organization's principles of openness, transparency and non-discrimination and has exposed the hegemonic nature of the world' sole superpower.
The General Assembly has renewed a long-standing call every year in the past nearly three decades for an end to the U.S. economic, commercial and financial embargo against Cuba, which was first imposed in 1960.
While the two countries are quite different in social system and many other aspects, such differences have not affected bilateral peaceful coexistence and cooperation, said Wang.
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).
"The development of humankind is a progress of mutual learning and assimilation. Each country is quite different with its own history, culture and advantage. We have to learn from history, respect and learn from each other and promote exchanges and cooperation, so as to achieve common development and progress," he said.
The two countries are unlikely to have greater confrontation since "for purely economic reasons, it is not convenient for them to enter into a dangerous escalation," said Carrion.
In pursuing the path of socialism with Chinese characteristics, Yang said China has made tremendous achievements, and contributed significantly to safeguarding world peace and stability and promoting common development of all countries.
Some U.S. politicians are peddling that "the engagement policy toward China fails," aiming to shift the government's responsibility for its ineffective response to the epidemic and serve the political needs of elections, said Santoro, adding such a move can only lead to a more complicated situation for the United States and other countries.