China's major achievements in the past decades show that the path of socialism with Chinese characteristics fits China and has also benefited the world, Wang said.
"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.
He added that as the world's economic powerhouse, China has a number of advantages ranging from raw materials, productivity, labor, infrastructure, economic diversification to education, among others.
"Once there is a new vaccine, a new testing strategy, this can be useful for further testing," Mahdi said. Enditem
BEIJING, Aug. 5 (Xinhua) -- China hails the Philippines for rebuffing attempts of some countries to incite tensions in the South China Sea, according to a foreign ministry spokesperson Wednesday.
"It's so bad for the U.S. side to decide to close our consulate in Houston. Based on the principle of reciprocity in diplomacy, we have to respond. But we certainly don't want to have all this from the very beginning. We certainly don't want to see any escalation," the Chinese ambassador said. Enditem
U.S. President Donald Trump on Thursday issued an executive order banning any U.S. transactions with Chinese tech firm ByteDance, owner of TikTok, starting in 45 days.
"China is confident in working with countries in the region to overcome the challenges posed by the COVID-19 epidemic, maintain development momentum and safeguard common well-being of the people in the region," he said. Enditem
The country's securities authorities have provided the audit work papers of several U.S.-listed Chinese companies to the U.S. securities authorities, as mentioned in the U.S. report, it said.
WASHINGTON, Aug. 9 (Xinhua) -- The United States should stop making groundless allegations against Chinese companies including TikTok and give them a level playing field, Chinese Ambassador to the United States Cui Tiankai has said.
"There is such a degree of political intervention, government intervention into the market. There's such a discrimination against Chinese company. These companies are just private companies," the ambassador said.