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.
"China stands ready to continuously work with other countries to safeguard a fair, just, open and non-discriminatory business environment, promote international science and technology exchange and cooperation, and ensure that safe, reliable and high-quality information technology will serve as an emerging driving force for global economic recovery and better life for people around the globe," Wang added. Enditem
China's economy has become more intertwined with the world, as shown by the remarkable increase in imports and exports in June, and growing trade with partners such as the ASEAN and the Belt and Road countries. Hyping up the theory that China is self-isolated not only goes against the facts, but also leads to many enterprises missing the opportunities of sharing the cake of China's growth.
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The United States has recently taken a number of provocative actions in the South China Sea, breaching its longstanding commitment of not taking sides, and blatantly interfering in the territorial disputes, Wang said.
It is regrettable that the disgraceful behaviors have been viewed as a motto by a handful of hardliners in Washington, including Pompeo himself, the incumbent U.S. secretary of state, and White House trade advisor Peter Navarro.
BEIJING, Aug. 5 (Xinhua) -- Politicians and experts around the globe believe that provoking a so-called new Cold War is remarkably detrimental. Instead, the United States should meet China halfway.
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)
Wang made the remarks in an exclusive interview with Xinhua on China-U.S. ties. Enditem
Data from Chinese customs show that trade between China and Saudi Arabia grew 4 percent annually in the first quarter. According to the Chinese Embassy in Egypt, trade in goods between China and Egypt saw a volume of 5.484 billion dollars during the first five months of this year, up 1.12 percent year-on-year.
"I have full confidence that between China and our neighbors, we will be able to solve any problem through friendly and peaceful negotiation without external interference, without external attempts to escalate the situation," he said.
In fact, the law has enjoyed immense popularity in Hong Kong, as millions of residents have signed in support. Social order has obviously improved and life has returned to peace and tranquility. Human rights and freedoms in Hong Kong also remain well protected.