In the meantime, China is prepared to strengthen maritime cooperation with other littoral countries, deepen mutual security confidence, and advance joint development, so as to make the South China Sea a sea of peace, friendship and cooperation, he added. Enditem
Data from Chinese customs show that trade between China and Saudi Arabia grew 4 percent annually in the first quarter. According to the Chinese Embassy in Egypt, trade in goods between China and Egypt saw a volume of 5.484 billion dollars during the first five months of this year, up 1.12 percent year-on-year.
The politburo of the Arab Unification Party of Lebanon condemned what some countries have done to slander China and infringe upon China's legitimate rights. It said that U.S. Secretary of State Mike Pompeo's recent attacks against China were aimed to undermine China's role in counterweighing U.S. unilateralism. The party lauded China's active stands toward the people around the world and thanked China for its support to developing countries in economy, development and other fields.
The article pointed out that for all the anti-China actions, the market does not believe the United States will be willing to completely pull the plug or that China will opt for damaging retaliation. "This is too complacent," it said. Enditem
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi said Wednesday the Chinese side is ready to enter into candid, effective consultation with the U.S. side and make cool-headed and sensible response to the impulsive moves and anxiety of the U.S. side.
The cooperation between the two countries has never been a case of one party giving favor to the other, or one party taking advantage of the other, said Wang.
"But they should not be seen as barriers for closer relations between us," he said.
Moreover, the United States keeps increasing and showing off its military presence in the South China Sea, he said. In the first half of this year alone, it sent military aircraft there more than 2,000 times.
The robust economic and trade relationship has supported around 2.6 million jobs in the United States across a range of industries, and over 72,500 U.S. companies have investments or business in China.
China and the United States now account for over one-third of global economic output and over 50 percent of global growth. Bilateral trade volume has increased by over 250 times since the early days of diplomatic ties and takes up one-fifth of the global total. Two-way investment has jumped from almost zero to nearly 240 billion U.S. dollars, and annual two-way visits by the two peoples have reached 5 million.
Responding to the U.S. impulse and anxiety with calm and reason shows China's sense of responsibility, said Eduardo Regalado, a researcher at Cuba's Center for International Policy.