China will as always welcome European investors and companies from other countries, continue to firmly deepen reform and expand opening up, and provide more cooperation opportunities and development dividends for their operations in China, Wang said.
The two sides wrapped up their negotiations on the bilateral FTA on July 20.
"That is a stance that will hurt Trump in the elections, as it is ordinary citizens that are bearing the high costs of failed policies, such as the trade war," he said.
The companies, in line with market principles and international rules, have conducted commercial activities in the United States while following local laws and regulations, Wang told a daily press briefing.
"We urge the U.S. side to abide by the one-China principle and the provisions of three China-U.S. joint communiques, stop official interactions and contact of all kinds as well as the upgrading of substantive relations with the island, and handle Taiwan-related issues in a prudent and proper manner, so as not to seriously damage China-U.S. cooperation in major areas as well as peace and stability across the Taiwan Strait," Zhao added. Enditem
On Aug. 4, the Chinese side sent updated proposals concerning the joint inspections to the PCAOB based on the latest needs and ideas of the U.S. side, it said.
Although Trump's actions could yield a short-term gain for the United States, they have introduced severe potential risks to U.S. interests, not to mention international and domestic rules of commerce, Wei said.
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.
The remarks were made by Foreign Ministry spokesperson Zhao Lijian while responding to a query about Azar's visit at a press briefing held in Beijing.
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)
The assertion turns a blind eye to all that has been achieved in China-U.S. relations over the past decades, and shows ignorance of the historical process and lack of respect for the Chinese and American peoples, Wang said.