BEIJING, Aug. 5 (Xinhua) -- China hails the Philippines for rebuffing attempts of some countries to incite tensions in the South China Sea, according to a foreign ministry spokesperson Wednesday.
BEIJING, Aug. 8 (Xinhua) -- China's top securities regulator said Saturday that resolving issues of common concern through dialogue is the only way to achieve win-win results, when responding to a recent U.S. report released by the President's Working Group on Financial Markets.
As "a just cause enjoys abundant support while an unjust one finds scant backing," Wang said the U.S. side has put its self-interests above market principles and international rules at the cost of undermining the rights and interests of American users and companies, and resorted to reckless political manipulation and suppression.
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.
While such actions undermine the multilateral trading system at large, they also diminish the level of trusts, he said.
Regarding Washington's restrictions on Chinese technology companies, the experts agreed that the measures will only isolate Americans from progress in different fields, including 5G technology in telecommunications, in which Chinese companies are at the fore.
"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.
Starting from common interests of both sides, China and the United States should carry out open dialogue and cooperation, it said.
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 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."
"With effective policies and timely responses, China has managed to curb the spread of the virus and at the same time kept industrial chain stable and smooth," he said. "These efforts have helped ASEAN (Association of Southeast Asian Nations), especially Cambodia, mitigate the impacts from the virus on our economy." Enditem