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China called on the Biden administration to bear in mind the fundamental interests of the people in both countries and the common well-being of the international community, focus on cooperation and manage disputes under the principles of openness, inclusiveness, and mutual benefit, said Zhao Lijian, spokesperson of China’s Foreign Ministry in a daily press conference on Monday.

Gregory Gilligan, chairman of the American Chamber of Commerce in China, said recently that 70% of the nearly 1,000 US-funded companies surveyed by the chamber have no plans to move out of the Chinese market, and the fact that China and the US have been working together for 42 years since the establishment of diplomatic ties proves that the two sides can and should work together.

The US business community has repeatedly sent clear and optimistic signals about the prospects of China's economic development, expressing their willingness to stay rooted in China and opposing the "decoupling" of the two economies.

“What Mr. Geary said once again shows that the essence of China-US economic and trade relations is mutual benefit and win-win cooperation. China and the US have extensive common interests and huge space for cooperation. Cooperation has been the main theme of China-US relations in the past, and should continue to be the main theme in the future,” said Zhao.

He added that China will continue to build a market-based, law-based and international business environment, to welcome US businesses to invest in China and conduct mutually beneficial cooperation between companies.

“We hope that the Biden administration works with China to bring China-US relations back to the right track and create a favorable atmosphere for the sound development of China-US economic and trade cooperation," said Zhao.

(Compiled by Peng Temin)