Starting from common interests of both sides, China and the United States should carry out open dialogue and cooperation, it said.
Anyone who tries to start a so-called "new Cold War" in the 21st century will be on the wrong side of history and will only be remembered as the one who has upended international cooperation, Wang said.
Noting that China's economic growth turned to positive in the second quarter, Zhao said the Chinese economy has withstood the impact of the epidemic and demonstrated strong resilience and development potential.
Noting China will not allow these people to get their way, Wang stressed that China rejects any attempt to create a so-called "new Cold War", because it contravenes the fundamental interests of the Chinese and American peoples and the global trend toward development and progress.
The United States should recalibrate the policy of rule of law, said Chris Marlin, president of Lennar International, adding that U.S. laws target certain kinds of countries and actors in a way that may appear to others as discriminatory.
He also recalled that while the world was clamoring travel restrictions to and from China during the outbreak, Cambodia had maintained its commercial and tourist flights to and from China to ensure China's economy vis-à-vis regional supply chain remain less impacted.
The minister added that Cambodia often acknowledged its advocacy to regional and global integration, especially in trade.
China is committed to the policy of "one country, two systems," Wang reiterated, saying that with the strong support from the mainland, an improved legal environment, and the united efforts of the Hong Kong compatriots, China can surely uphold and better implement the policy of "one country, two systems."
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 two sides wrapped up their negotiations on the bilateral FTA on July 20.
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.