A similar executive order has also been issued for WeChat, a messaging and social media app owned by Chinese tech giant Tencent.
While expanding domestic demand was stressed, it would be a mistake to consider that China will retreat from the global economy. Rather, China will utilize domestic and international resources more efficiently, ensuring robust and sustainable development.
Data from both Skyworks and Qualcomm were also quoted as examples. "More than 60 percent of smart phones sold in China now incorporate 5G technology. Qualcomm's shares, too, are close to an all-time high," it said.
In the interview, Wang refuted a series of recent U.S. moves hurting bilateral ties, including U.S. closing the Chinese Consulate-General in Houston, launching global campaign against Chinese companies, making fierce attacks on the Communist Party of China and interfering into China's internal affairs.
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)
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.
Meanwhile, to contribute to the protection of fishery resources in the region, China's fishery authority has decided to ban fishing in the high seas west of the Galapagos Marine Reserve from September to November this year, which has been appreciated by Ecuador and other relevant countries, Wang said.
PRAGUE, Aug. 12 (Xinhua) -- Czech Prime Minister Andrej Babis said on Wednesday that the Czech Republic is a sovereign country, and he does not see any major threat here.
Calling the Czech Republic "a leader in Europe" on 5G and cybersecurity, Babis said that his country is "a sovereign country and I do not see any major threat here."
The anti-China forces in the United States have long been concocting rumors and fabricating accusations, blatantly meddling in Hong Kong affairs under the pretext of human rights, democracy and autonomy.
"China is a sufficiently skilled country, and above all patient, and knows how to handle things with great prudence and composure," he added.