He said that China has achieved rapid growth in part thanks to its opening-up to and cooperation with the rest of the world, including the United States, adding that China's continued growth has also created impetus for sustained growth and an enormous market for the United States and other countries.
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.
"China-U.S. cooperation has never been a case of one party giving favor to the other, or one party taking advantage of the other. Both countries have benefited much from this cooperation," he stressed
Zhao made the remarks at a press briefing when asked to make comment on U.S. Health and Human Services Secretary Alex Azar, who said during his visit to Taiwan that China "chose not to" warn the world about COVID-19 and betrayed the cooperative spirit needed for global health.
Wang said that China firmly supports Malaysia in hosting this year's APEC meeting, and in striving to adhere to the purposes and principles of the APEC, build an open Asia-Pacific economy, uphold the spirit of an Asia-Pacific community with a shared future and partnership, and formulate the Post-2020 Vision.
Wang noted that next year will mark the 100th anniversary of the CPC, stressing that the great endeavor of the Chinese people under the CPC leadership has been recorded in the history of modernization as an outstanding, epoch-making chapter.
In May 2019, when Washington lifted tariffs on Canadian steel and aluminum, Freeland said, "The reality is that this U.S. administration is openly, explicitly, and proudly protectionist," reminding the domestic industry to remain vigilant about the neighboring super power.
The two countries are unlikely to have greater confrontation since "for purely economic reasons, it is not convenient for them to enter into a dangerous escalation," said Carrion.
Wang made the remarks in an exclusive interview with Xinhua on China-U.S. ties.
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)
BRUSSELS, Aug. 10 (Xinhua) -- The Chinese Mission to the European Union (EU) said Monday that China is firmly opposed to the EU's interfering in Hong Kong affairs and China's internal affairs and practising double standards on the law-based exercise of duties by Hong Kong police.