"China's role in opening up to global economy through many initiatives, including its BRI, contributes a lot to the trend of global trade flows given its very potential production and consumption hubs," Sorasak said.
He added that as the world's economic powerhouse, China has a number of advantages ranging from raw materials, productivity, labor, infrastructure, economic diversification to education, among others.
Strengthening the supervision of listed companies' information disclosure and improving auditors' professional ethics and their practices are important means to protect the legitimate rights and interests of investors, the China Securities Regulatory Commission (CSRC) said on its website.
Reportedly, citing an order by Philippine President Rodrigo Duterte, Lorenzana said the Philippines would not join navies of other countries in maritime drills in the South China Sea for fear of raising tension in the area.
However, concerns have been raised as Iraq has become the new epicenter of COVID-19 in the Middle East. On Friday the MOH registered the highest daily increase of 3,461 confirmed cases, the worst in Middle East countries. The tally of infections has reached 144,064 cases.
"China has shown its interest in cooperating with other countries in the development of a vaccine against the new coronavirus, even announcing that it will make its vaccines a public good with universal access," he said.
"Countries are already working together to solve the world's problems, but it is normal for there to be different tensions and interests," he said. Enditem
BEIJING, Aug. 9 (Xinhua) -- Chinese Premier Li Keqiang on Sunday extended his congratulations to Mahinda Rajapaksa on the latter's assuming office as Sri Lanka's new prime minister.
He added that with joint efforts of China and ASEAN, two-way trade and investment grew in the first half of this year, and fast-track lanes for personnel and logistics exchanges have been established to facilitate resumption of work and production, as well as the smooth operation of industrial and supply chains.
"In light of Washington's 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.
"These will only lead to its moral decline, damage to its national image and international trust deficit, and are doomed to boomerang," Wang said.