Chinese Ambassador to the US Cui Tiankai was responding to a question on the recent remarks by top American officials, including Secretary of State Rex Tillerson, who accused China of indulging in predatory economics and causing unsustainable debt to the countries in the region.
Because of recent Chinese actions, several countries in the region have expressed concern over the increasing Chinese assertiveness, an allegation denied by the top Chinese diplomat.
"We want to have a peaceful, stable and prosperous neighbourhood. And we always aimed at...we would take our neighbours our good partners and we will proceed in good faith. This has been proved by the history of China's foreign policy," Cui said.
He said there is no evidence that China is trying to dominate the region.
More From This Section
"We never believe that any single country should try to dominate a region or even the world," he said, adding that China wants to build a community with shared future of the mankind.
Cui said there is an ongoing discussion between China and the US on improving market access and addressing the trade imbalance. The general direction should be clear that the two countries should aim at mutually beneficial economic relations.
The balance of trade payment, he said, is a structural problem.
"It's not it's not caused by somebody's policy. The main reason for this trade imbalance is the different position of China and the US is the global production chain and the international division of labour and the so-called comparative advantage," he said.
The goal, he said, is to achieve more balanced and mutually beneficial bilateral trade.
According to the Chinese Ambassador, Trump's visit to China is the most important part of his Asia's visit. Trump would also visit Japan, South Korea, China, the Philippines and Vietnam.