He said although China had been hit hard by the pandemic, her efforts in stabilizing industrial and supply chains in the region shall be praised.
The Philippines advocates peaceful settlement of relevant disputes through legal means, Lorenzana said.
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.
Representatives from 11 countries including China, Egypt and Uganda spoke at the roundtable, which was attended by nearly 90 people online. Enditem
"There is such a degree of political intervention, government intervention into the market. Theres such a discrimination against Chinese company. These companies are just private companies," the ambassador said.
"In light of Washingtons 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.
According to Jaime Suarez, executive director of the Colombia-China Chamber of Investment and Commerce, "trade wars are not promising or positive for either party."
The China-U.S. relationship needs to be recalibrated, said William Zarit, chairman of American Chamber of Commerce in China, adding that statesmanship is required.
Policymakers have to determine what they really want, said Ni, adding that if they want a constructive result, they cannot use a destructive approach. Enditem
While the issues that generate tension between China and the United States are multiple and complex, the issues that unite them are weightier enough to save bilateral ties, he said.
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 Chinas development prospects.
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