First, steer clear of red lines and avoid confrontation. For China-U.S. relations to develop soundly, the most critical thing is mutual respect, Wang noted.
The Chinese diplomat said the recent allegations against Chinese consulate in Houston or any of Chinese diplomatic missions in the United States are "totally groundless."
"Wang Yi emphasized that, saying China is willing to restart mechanisms for dialogue with the United States at any level, in any area and at any time. And that is precisely what the Chinese government has done," said Castrillon, who specializes in U.S. and Chinese affairs.
Still, it will be necessary to establish a clear framework for relations between China and the United States, given the current complex situation of ties, he 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.
"It's so bad for the U.S. side to decide to close our consulate in Houston. Based on the principle of reciprocity in diplomacy, we have to respond. But we certainly don't want to have all this from the very beginning. We certainly don't want to see any escalation," the Chinese ambassador said. Enditem
In the next two months, more medical and epidemic prevention supplies are scheduled to be dispatched from Xi'an to Italy via the China-Europe train routes to help with the anti-epidemic fight. Enditem
The two sides wrapped up their negotiations on the bilateral FTA on July 20.
"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."
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 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