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.
"We urge the U.S. side to heed rational voices from within and from the international community, correct its wrongdoing, refrain from politicizing economic issues and stop suppressing relevant enterprises, to create a fair, just and non-discriminatory environment for companies worldwide to have normal business operations and investments," Wang added. Enditem
U.S. not qualified to build coalition of "clean countries": Chinese FM
Chinese State Councilor and Foreign Minister Wang Yi has recently affirmed that China rejects any attempt to create a so-called "new Cold War," said Professor David Castrillon of Externado University in Colombia's capital Bogota.
At the same time, China continued to actively promote foreign economic and trade cooperation, which effectively boosted the total world demand and promoted the development of international trade, Zhao said, adding that foreign-funded projects with an investment of more than 100 million U.S. dollars increased to 320 in the first half of the year.
"These will only lead to its moral decline, damage to its national image and international trust deficit, and are doomed to boomerang," Wang said.
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.
China's U.S. policy is always consistent and stable, and in the meantime, China is also prepared for possible bumps and storms ahead, Wang said during an exclusive interview with Xinhua.
Spokesman Wang Wenbin made the remarks at a routine press briefing after Joerg Wuttke, president of the European Union Chamber of Commerce in China, on Tuesday expressed confidence of European companies in China's development prospects.
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi on Wednesday denounced U.S. Secretary of State Mike Pompeo's assertion that the policy of engagement with China pursued by successive U.S. administrations has failed.
He added that with joint efforts of China and ASEAN, two-way trade and investment grew in the first half of this year, and fast-track lanes for personnel and logistics exchanges have been established to facilitate resumption of work and production, as well as the smooth operation of industrial and supply chains.