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.
It is worth noting that a 15-year "long-term vision" is mentioned along with the 14th Five-Year Plan this year, aiming for 2035 when the country's socialist modernization is expected to be basically achieved.
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.
Chinese State Councilor and Foreign Minister Wang Yi gives an exclusive interview to Xinhua on China-U.S. ties in Beijing, capital of China, Aug. 5, 2020. (Xinhua/Zhai Jianlan)
A similar executive order has also been issued for WeChat, a messaging and social media app owned by Chinese tech giant Tencent.
"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.
Noting that the situation in Hong Kong has improved markedly since the promulgation and enforcement of the law on safeguarding national security, the spokesperson said the Chinese government will remain firmly committed to the implementation of the "one country, two systems" principle, and resolutely oppose interference in Hong Kong affairs by any external forces.
Noting that China-U.S. relations are now faced with a new international and domestic environment, Yang said that to safeguard and stabilize China-U.S. ties against this backdrop, the right attitude is to respect history, keep pace with the times and build on past achievements, and not to distort and deny history, or turn back the wheel of history.
Figures from the World Bank's Doing Business 2020 report show that China has made greater progress in the 2005-2020 period than any other large economy in terms of facilitating the ease of doing business. Moreover, China's Ministry of Commerce is amending a regulation on foreign strategic investments in Chinese listed firms to ease thresholds and restrictions on foreigners buying equity stakes.
China will work tirelessly for this lofty vision for mankind, he said. Enditem
Reported by Tang Renlin and Wu Jun
Edited by Wen Zhiming
Translated by Li Siying