Undertaken by China State Construction Engineering Corporation (CSCEC), the CBD project in Egypt's new administrative capital involves the construction of 20 towers, including a 385-meter-high skyscraper expected to be the tallest in Africa upon completion.
Yang, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the Office of the Foreign Affairs Commission of the CPC Central Committee, said that a sound and stable China-U.S. relationship affects the well-being of China, the United States and the world at large.
He said the Chinese side is ready to enter into candid, effective consultation with the U.S. side and make cool-headed and sensible response to the impulsive moves and anxiety of the U.S. side.
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.
China has a huge presence in the U.S. market as well as investment, as does the United States in China, which proves there are "very deep trade ties" between the two, he noted.
Against the backdrop of globalization and the rampant COVID-19 pandemic, this is not the right style and approach to conduct international politics, said Paunov, noting that solidarity and cooperation are more powerful than fighting alone.
As a result, the relationship between the world's top two economies now faces what Chinese State Councilor and Foreign Minister Wang Yi recently described as the most serious challenge since the two sides forged diplomatic ties 40 years ago.
Responding to the U.S. impulse and anxiety with calm and reason shows China's sense of responsibility, said Eduardo Regalado, a researcher at Cuba's Center for International Policy.
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.
BEIJING, Aug. 7 (Xinhua) -- Senior Chinese diplomat Yang Jiechi said Friday that China and the United States need to jointly safeguard the foundation of bilateral relations and protect the friendship between the Chinese and American people.
"We are ready to restart the dialogue mechanisms with the U.S. side at any level, in any area and at any time. All issues can be put on the table for discussion," Wang said.