While such actions undermine the multilateral trading system at large, they also diminish the level of trusts, he said.
"Resolving issues of common concern through dialogue is the only way to achieve win-win results," said the CSRC. "Only by doing so can a sound environment for the healthy and orderly operation of the global capital market be created."
The legislation on safeguarding national security in Hong Kong has plugged the long-standing legal loopholes in Hong Kong, he said, adding that the legislation will "ensure both the long-term implementation of the policy of 'one country, two systems' on the basis of rule of law and durable security and stability of Hong Kong."
They backed Wang's call for improved U.S.-China relations, saying cooperation between the world's two major countries will have a positive impact on the entire international community. Enditem
WASHINGTON, Aug. 9 (Xinhua) -- The United States should stop making groundless allegations against Chinese companies including TikTok and give them a level playing field, Chinese Ambassador to the United States Cui Tiankai has said.
A similar executive order has also been issued for WeChat, a messaging and social media app owned by Chinese tech giant Tencent.
"If China were to mimic Trump's gambit -- alleging, without providing evidence, that some U.S. multinationals are potential national-security threats -- it could force them to sell their operations to 'very Chinese' buyers. Although the Chinese government has not yet done so, the risk has become higher now," said Wei, who served as chief economist of Asian Development Bank during 2014-2016.
"China is confident in working with countries in the region to overcome the challenges posed by the COVID-19 epidemic, maintain development momentum and safeguard common well-being of the people in the region," he said. Enditem
"Ultimately, they want to drag China and the United States into renewed conflict and confrontation and plunge the world into chaos and division again," he added.
China's major achievements in the past decades show that the path of socialism with Chinese characteristics fits China and has also benefited the world, Wang said.
The gross interference in Hong Kong affairs, be it in words or action, can only undermine the sound implementation of the policy of "one country, two systems" and will meet with the firm rejection from all the Chinese people, including the people of Hong Kong, he said. Enditem