He said the BRI is vital for Cambodia's economy which relies on the inflows of foreign direct investments that are conditional to the capability of sufficient physical infrastructures.
"In light of Washington's trade concerns, China put into effect at the beginning of 2020 a new Foreign Investment Law that gives foreign companies greater access to the Chinese market, and offers greater guarantees in intellectual property protection," he said.
With COVID-19 still raging across the world, China is prepared to have mutually beneficial cooperation with the United States on epidemic control and economic recovery, learn from each other and share experience on containing COVID-19, and join together with the United States the global response and multilateral cooperation in fighting COVID-19, he said.
The China-U.S. relationship needs to be recalibrated, said William Zarit, chairman of American Chamber of Commerce in China, adding that statesmanship is required.
At the same time, China continued to actively promote foreign economic and trade cooperation, which effectively boosted the total world demand and promoted the development of international trade, Zhao said, adding that foreign-funded projects with an investment of more than 100 million U.S. dollars increased to 320 in the first half of the year.
Let business be business; geopolitical issues are too heavy for business to carry, said Ni Pin, president of Wanxiang America Corporation and chairman of CGCC Chicago.
NEW YORK, Aug. 13 (Xinhua) -- Business leaders from both the United States and China have called for recalibrating U.S. policies on China and building up bilateral trust via dialogue, as Chinese companies operating in the United States become less satisfied with the investment and business environment in the country.
In return, China sent 12 vessels containing more than 1,000 containers of raw materials to supply the struggling garment factories in Cambodia in mid-March. Moreover, China also sent medical experts and COVID-19-testing devices to help support Cambodia's combat against the virus, he said.
"People cannot assume other people are doing all these things just because they are exactly doing the same thing in other countries. This is the problem. Some people are doing all these things in other countries. But now they are blaming other countries doing such things. We never do these," he said.
In 2019, the Yanji airport handled 1.66 million passengers, 715,455 of whom were international. In the past five years, the airport has opened 26 international and domestic air routes. Enditem
The supplies are due to arrive in Laos by the end of August.