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Noting that next year marks the 30th anniversary of the establishment of a dialogue partnership between China and ASEAN, Yang said that bilateral cooperation enjoys huge potential and broad prospects.

Figures presented in the Doing Business 2020 report, the latest in a series of annual reports by the World Bank, 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.

"We urge certain U.S. politicians to take into account the well-being of the people in China, the U.S. and all other countries, heed calls from the international community, discard the obsolete Cold War mentality, view China and China-U.S. relations objectively, and work with China to bring bilateral ties back on the track of coordination, cooperation and stability, and to jointly safeguard world peace, stability and development," Zhao added.

Relevant companies do business in the United States in accordance with market principles and international rules, and abide by U.S. laws and regulations, according to Wang.