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.
As COVID-19 takes its toll on the global economy, China and the United States, the world's two largest economies, should work for mutual benefit on an equal footing, stop attempts at decoupling and advance the relationship through cooperation, and live up to their responsibility for the world, said Wang. Enditem
"The Chinese side looks forward to the early distribution of the aforesaid ventilators to various medical institutions so as to help the Philippines fight the COVID-19 pandemic," the embassy said.
The steady construction of the project was made possible with the implementation of strict virus-prevention measures.
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.
The repeated use of national security by the United States to cover its "modern piracy" not only diminishes its credibility in the eyes of other countries, including its allies, but also hampers its own interests.
The director stressed the importance of respecting different cultures of different countries.
Against the backdrop of globalization and the rampant COVID-19 pandemic, this is not the right style and approach to conduct international politics, said Paunov, noting that solidarity and cooperation are more powerful than fighting alone.
"The construction of the Iconic Tower structure has reached the 30th floor, and the progress of the project has hardly been affected by the epidemic," Chinese Ambassador to Cairo Liao Liqiang told a press conference in June.
China's U.S. policy is always consistent and stable, and in the meantime, China is also prepared for possible bumps and storms ahead, Wang said during an exclusive interview with Xinhua.
China and the United States must always bear in mind the well-being of mankind, live up to their responsibilities as two major countries, coordinate and cooperate as needed in the UN and other multilateral institutions, and work together for world peace and stability, said Wang. ■