Figures from the World Bank's Doing Business 2020 report show that China has made greater progress in the 2005-2020 period than any other large economy in terms of facilitating the ease of doing business. Moreover, China's Ministry of Commerce is amending a regulation on foreign strategic investments in Chinese listed firms to ease thresholds and restrictions on foreigners buying equity stakes.
China will continue to work with all countries to maintain a fair, just, open and non-discriminatory business environment, and ensure that safe, reliable and quality information technology will boost global economic recovery and help improve people's lives around the world, he said.
Secondly, China will firmly follow its own path of development and pursue its rightful goal of great national rejuvenation for the Chinese people. Washington should rid itself of the delusion that Beijing will somehow change course and adopt U.S.-style political and social systems.
Some U.S. politicians seek to tarnish China's image, he said.
Malaysia, he added, fully agrees with China to actively carry out vaccine cooperation, establish a "fast lane" and a "green lane" at an early date, explore ways to jointly ensure supply chain security and send a positive signal of unity and cooperation between the two countries.
"China will not allow these people to get their way," said Wang.
In most cases, the so-called U.S. national security concerns are ordinary economic or trade disputes which can be reasonably solved through bilateral or multilateral negotiations. However, Washington is now obsessed with flexing its muscles, regardless of hurting partnerships or violating market principles and international norms.
Tim Cook, Apple's chief executive, was quoted as saying that "three out of four people in the country buying Mac computers were doing so for the first time; two out of three iPad buyers are new to the product."
"Now we are working on the code of conduct between China and ASEAN countries, and we are making good progress. We always believe that any territorial disputes shall be resolved through negotiations by the parties directly concerned. And we certainly aim to have a diplomatic solution, a negotiated solution. This is our commitment. It's not changing," he said.
Jenny Clegg, senior lecturer in international studies at University of Central Lancashire, said that the China-U.S. relationship is one of the most important bilateral relationships and its deterioration would pose significant threat to world peace. Enditem
"If China-U.S. cooperation were unfair and not reciprocal, how could it have continued for several decades? How could China-U.S. ties have come such a long way?" Wang asked.