China has never prohibited or prevented relevant accounting firms from offering audit work papers to overseas regulators, the CSRC 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.
Only when the United States is ready to reduce its arsenal to the size of China's can both sides begin real negotiation, he said, adding, "I hope we could be given a very convincing answer."
The country's securities authorities have provided the audit work papers of several U.S.-listed Chinese companies to the U.S. securities authorities, as mentioned in the U.S. report, it said.
It is neither necessary nor possible for the two sides to change each other, Wang stressed. "Instead, we should respect the choice independently made by the people of the other side."
Over the past 40 years and more since the two countries entered into diplomatic ties, several generations of Chinese and Americans have worked together to advance China-U.S. relations, Wang said.
Huang introduced China's efforts in protecting the lives and health of women and children amid the epidemic and the roles Chinese women and women's federations have played in COVID-19 response and recovery.
Spokesperson Wang Wenbin made the comment at a press briefing in response to a question on Philippine Defense Secretary Delfin Lorenzana's recent remarks on the South China Sea and bilateral relations. Calling such attempts unpopular, Wang said some countries outside the region are trying to stir up trouble and create tension in the region, which go against the will of the regional countries.
Forty years on, while China and the United States are quite different in social system and many other aspects, such differences have not affected the peaceful coexistence and win-win cooperation between the two countries, and they should not affect their bilateral ties in the future, he said.
Nearly 70 percent of the surveyed U.S. companies were optimistic about the commercial prospects of the Chinese market, and 87 percent of the companies reported no plans to shift production out of China, according to the survey.
The United States should honor the principle of sovereign equality enshrined in the UN Charter, learn how to get along with different systems and civilizations and adapt itself to peaceful coexistence, and accept the reality that the world is moving toward multipolarity, said Wang.