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.
"Foreign companies, including European ones, were part of the story of China's development, and we believe they will continue to be part of the successful story of China's development and win-win cooperation," he added.
The two sides have maintained communication and interaction, the CSRC said, adding that Chinese authorities have shown full cooperation sincerity by repeatedly communicating with the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) on joint inspections of accounting firms since 2019.
"There is such a degree of political intervention, government intervention into the market. There's such a discrimination against Chinese company. These companies are just private companies," the ambassador said.
"I do not believe there will be a 'new Cold War' between the two powers. The two countries have great economic, trade and financial interdependence. Personally, I believe the two countries can resolve their differences through dialogue, as they have cooperated in the past," Maggiorelli said.
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi on Wednesday spoke of the need to put in place a clear-cut framework for China-U.S. relations amid the most complex situation since the establishment of the bilateral diplomatic relations in 1979.
Li pointed out that Prime Minister Rajapaksa has been long committed to promoting the friendship between the two countries.
The Philippines advocates peaceful settlement of relevant disputes through legal means, Lorenzana said.
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.
This is a political virus which is understandably questioned and rebuked by people in the United States and the international community, he said.
Nearly 70 percent of the surveyed U.S. companies were optimistic about the commercial prospects of the Chinese market, and 87 percent of the companies reported no plans to shift production out of China, according to the survey.