Chinese FM calls on European partners to reject U.S. decoupling rhetoric
Updated 10:54, 25-Aug-2020
CGTN
01:23

Chinese State Councilor and Foreign Minister Wang Yi said on Monday that China-U.S. decoupling is unrealistic under globalization, calling on European countries to reject such rhetoric.

Wang made the remarks when meeting reporters with visiting Hungarian Foreign Minister Peter Szijjarto in Beihai, Guangxi Zhuang Autonomous Region.

In the era of globalization, countries can give play to their comparative advantage in the allocation of production factors and achieve faster development, Wang said.

The world's economy is highly integrated and it's impossible to isolate one country from the rest of the world, he said.

It's completely against market rules to forcibly cut off the existing cooperation between countries, and such move would also go against with the will of companies, he continued.

Wang said China will further open up its market to the world economy and called on European partners to reject U.S. decoupling rhetoric.

Calling China and the European Union open economies and supporters of globalization and multilateralism, Wang said both sides should reject the decoupling rhetoric and step up efforts to defend global industrial and supply chains.

Chinese State Councilor and Foreign Minister Wang Yi and Hungary's Foreign Minister Peter Szijjarto pose for photo in Beihai, Guangxi Zhuang Autonomous Region, August 24, 2020. /China's Ministry of Foreign Affairs

Chinese State Councilor and Foreign Minister Wang Yi and Hungary's Foreign Minister Peter Szijjarto pose for photo in Beihai, Guangxi Zhuang Autonomous Region, August 24, 2020. /China's Ministry of Foreign Affairs

Speaking of bilateral ties, Wang said China and Hungary should be good partners for mutual benefit and win-win results. 

He said the two countries will continue to advance the joint construction of the Belt and Road and China-CEEC cooperation. 

"We are pleased to see that the Hungarian section of the Hungary-Serbia Railway has made substantial progress and we will work together to promote the construction of the project as soon as possible," Wang said. 

China appreciates Hungary's objective and fair position on 5G and other issues, the foreign minister said. Both sides will work together to create a fair, transparent and non-discriminatory business environment for companies from both countries, he added. 

The harm caused by the "political virus" is greater than the impact of the epidemic, Wang pointed out and called on the two sides to jointly uphold international fairness and justice, defend multilateralism, safeguard the international system with the United Nations at its core, promote the multipolarization of the world and the democratization of international relations.