The minister said the upcoming signing of the bilateral FTA will undeniably stimulate the speed of Cambodia's infrastructure development projects, including those under the Belt and Road Initiative (BRI).
The Philippines advocates peaceful settlement of relevant disputes through legal means, Lorenzana said.
"China's role in opening up to global economy through many initiatives, including its BRI, contributes a lot to the trend of global trade flows given its very potential production and consumption hubs," Sorasak said.
As the world's largest developing country and a permanent member of the UN Security Council, China will stay committed to peaceful development and to pursuing an opening-up strategy of mutual benefit, Wang stressed.
"In light of Washington's trade concerns, China put into effect at the beginning of 2020 a new Foreign Investment Law that gives foreign companies greater access to the Chinese market, and offers greater guarantees in intellectual property protection," he said.
In the meantime, China will firmly defend its sovereignty, security and development interests, because this is a legitimate right inherent in China being an independent sovereign state, Wang stressed.
Hong Kong is part of China's territory and Hong Kong affairs fall within China's internal affairs, Wang stressed during an interview with Xinhua.
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.
Asked about Washington's criticism of the World Health Organization (WHO) and decision to withdraw from the organization amid the COVID-19 pandemic, Maggiorelli said the U.S. decision to withdraw from the organization is "undoubtedly due to political reasons and not health concerns," Maggiorelli said.
China to make cool-headed, sensible response to U.S. impulsive moves, anxiety: FM
BEIJING, Aug. 5 (Xinhua) -- China will as always welcome companies from other countries to invest and operate in China, a foreign ministry spokesperson said Wednesday.