Wang expounded on the clear-cut framework for the relationship.
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.
The disapproval rate is higher than the 16 percent in 2019 and 5 percent in 2018, according to the survey.
Wang said this statement is yet another proof of the Philippines' independent foreign policy, which embodies the common aspiration of the regional countries to pursue peace and development.
These actions will by far create trade unpredictability and render the domino effect through the introduction of such policy by other members as retaliations, he added.
China and the United States must always bear in mind the well-being of mankind, live up to their responsibilities as two major countries, coordinate and cooperate as needed in the UN and other multilateral institutions, and work together for world peace and stability, said Wang. Enditem
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)
In return, China sent 12 vessels containing more than 1,000 containers of raw materials to supply the struggling garment factories in Cambodia in mid-March. Moreover, China also sent medical experts and COVID-19-testing devices to help support Cambodia's combat against the virus, he said.
China remains one of the top three destinations for 63 percent of respondents in a survey conducted earlier this year by the European Union Chamber of Commerce in China and global consultancy firm Roland Berger. Enditem
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.
"Foreign companies, including European ones, were part of the story of China's development, and we believe they will continue to be part of the successful story of China's development and win-win cooperation," he added.