To that end, diplomacy can also rely on international law and organizations such as the United Nations and the World Trade Organization (WTO) to resolve multilateral disputes, he said.
"It is certainly something that we can achieve together," he said.
Asked about Washington's criticism of the World Health Organization (WHO) and decision to withdraw from the organization amid the COVID-19 pandemic, Maggiorelli said the U.S. decision to withdraw from the organization is "undoubtedly due to political reasons and not health concerns," Maggiorelli said.
These actions will by far create trade unpredictability and render the domino effect through the introduction of such policy by other members as retaliations, he added.
Wang emphasized that be it companies from Europe or other parts of the world, they are optimistic about China's economic prospect and improving business environment.
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.
"There is still time for the Trump administration to change course and avoid damaging U.S. interests. But the clock is running -- tick tock," Wei said. Enditem
While the issues that generate tension between China and the United States are multiple and complex, the issues that unite them are weightier enough to save bilateral ties, he said.
Hu Baoguo, deputy mayor of Kunming, said that the city of Vientiane and various sectors of society had donated 261,000 yuan (about 37,500 U.S. dollars) worth of medical supplies to Kunming since the epidemic was first reported in the province.
"I do not believe there will be a 'new Cold War' between the two powers. The two countries have great economic, trade and financial interdependence. Personally, I believe the two countries can resolve their differences through dialogue, as they have cooperated in the past," Maggiorelli said.
Spokesperson Wang Wenbin made the remarks at a routine press briefing after Australian Prime Minister Scott Morrison delivered a speech at the Aspen Security Forum on Wednesday, saying that Australia welcomes China's rise, and expects China to play a role in regional and global stability. He also said Australia has found no evidence showing it should restrict the popular short-video app TikTok.