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.
"Let business become the stabilizer for the relationship," said Ni.
In the meantime, China will firmly defend its sovereignty, security and development interests, because this is a legitimate right inherent in China being an independent sovereign state, Wang stressed.
Some 19 percent of respondents said they are unsatisfied or very unsatisfied with the U.S. investment and business environment, according to a newly released survey report of 160 Chinese companies operating in the United States conducted by the China General Chamber of Commerce-USA (CGCC).
Noting China will not allow these people to get their way, Wang stressed that China rejects any attempt to create a so-called "new Cold War", because it contravenes the fundamental interests of the Chinese and American peoples and the global trend toward development and progress.
The survey also showed that 26 percent respondents believe that U.S. investment and business environment would decline at least moderately in the next two years, which is roughly in line with 33 percent in 2019 but much higher than 12 percent in 2018 and 5 percent in 2017.
"As a champion and promoter for an open world economy, China has always kept its door wide open and committed to provide a market-oriented, law-based and international business environment for companies from Europe and other parts of the world," Wang 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.
NEW YORK, Aug. 8 (Xinhua) -- As the Trump administration is threatening to ban popular apps including TikTok and WeChat, "the United States may lose in Trump's TikTok war," warned an expert.
"China's door to dialogue remains open. We are willing, in the spirit of equality and open-mindedness, to talk and interact with the United States, and resume dialogue mechanisms at all levels and in all fields," said Wang.
"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