"Of course, greater clarity and greater rapprochement on the part of both countries are needed. Therefore, the role of diplomats from both parties will be essential to negotiate solutions to the problems, without ever needing the use of force," said Maggiorelli.
Non-interference in other countries' internal affairs is a basic norm governing international relations, and no country will allow other countries to flagrantly sabotage its sovereignty or territorial integrity, said Wang.
China is committed to peaceful development and will never seek hegemony or engage in confrontation. China always believes that peace, cooperation, development, and mutual benefit are the irresistible trend of the times and the common aspiration of people around the world, Wang said.
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.
Maggiorelli said he agreed with the Chinese foreign minister that it was futile for the United States to try and interfere in China's internal affairs, saying it underestimated the strong bond between the Chinese people and the ruling Communist Party of China.
China has never prohibited or prevented relevant accounting firms from offering audit work papers to overseas regulators, the CSRC said.
China to make cool-headed, sensible response to U.S. impulsive moves, anxiety: FM
In the meantime, China will firmly defend its sovereignty, security and development interests, because this is a legitimate right inherent in China being an independent sovereign state, Wang stressed.
"We are at a very critical moment for our relations between China and the United States. In a way, we can say it's unprecedented since Dr. Henry Kissinger's visit almost half a century ago," said Cui.
On Aug. 4, the Chinese side sent updated proposals concerning the joint inspections to the PCAOB based on the latest needs and ideas of the U.S. side, it 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.