The so-called "Report on Protecting United States Investors from Significant Risks from Chinese Companies" has recommendations such as enhancing listing standards on U.S. exchanges for access to audit work papers.
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.
Statistics show that China currently is Spain's largest trading partner outside the European Union (EU), while Spain is China's sixth largest trading partner within the EU bloc. Enditem
Zhao said China has a huge market of 1.4 billion people and a complete industrial support system, and many authoritative international organizations believe that China injects confidence and momentum into the world economic recovery.
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.
Wang expounded on the clear-cut framework for the relationship.
China will continue to pursue development and progress to meet the desire of its people and make new, even greater contributions to mankind, he said.
The USCBC is a trade group representing more than 200 U.S. companies that do business with China. Enditem
"We still need to increase testing abilities," Mahdi said. "The testing rate needs to be at least five or ten percent of our 40 million population in order to detect more and more cases."
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.
What they want is to revive McCarthyism in an attempt to undermine U.S. relations with China, stoke hostility between the two peoples, and erode trust between the two countries, Wang said.