"With effective policies and timely responses, China has managed to curb the spread of the virus and at the same time kept industrial chain stable and smooth," he said. "These efforts have helped ASEAN (Association of Southeast Asian Nations), especially Cambodia, mitigate the impacts from the virus on our economy." Enditem
A donation ceremony is held in Kunming of southwest China's Yunnan Province, Aug. 7, 2020. A batch of anti-pandemic medical supplies departed from Kunming on Friday morning, heading for Laos. The supplies, including two monitoring ambulances, four ventilators and 200 infrared frontal thermometers, were donated by Kunming to the Laotian capital Vientiane and the province of Luang Prabang, with a view to assisting in the battle against COVID-19. (Photo by Wang Guansen/Xinhua)
Strengthening the supervision of listed companies' information disclosure and improving auditors' professional ethics and their practices are important means to protect the legitimate rights and interests of investors, the China Securities Regulatory Commission (CSRC) said on its website.
He said although China had been hit hard by the pandemic, her efforts in stabilizing industrial and supply chains in the region shall be praised.
Spokesperson Wang Wenbin made the comment at a press briefing in response to a question on Philippine Defense Secretary Delfin Lorenzana's recent remarks on the South China Sea and bilateral relations. Calling such attempts unpopular, Wang said some countries outside the region are trying to stir up trouble and create tension in the region, which go against the will of the regional countries.
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.
While such actions undermine the multilateral trading system at large, they also diminish the level of trusts, he said.
According to Jaime Suarez, executive director of the Colombia-China Chamber of Investment and Commerce, "trade wars are not promising or positive for either party."
The exchange of information including that of audit work papers should be conducted through regulatory cooperation channels, which is an internationally accepted common practice, the CSRC said. Enditem
"These have been the sources of China's economic boom and Cambodia is using China as a role model in our economic development as well," he said.
Huang called for more global solidarity against the virus, as well as efforts to achieve gender equality and women's well-rounded development.