BEIJING - China hopes that the United States will meet China half way and remove all its unreasonable restrictions on bilateral cooperation as early as possible, and not create new obstacles, State Councilor and Foreign Minister Wang Yi said Sunday.

Wang said China is ready to work with the United States to return bilateral relations to the right track of healthy and steady growth. 

Wang Yi said China is ready to work with the United States to return bilateral relations to the right track of healthy and steady growth

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He said it is not surprising that there is competition between China and the United States as their interests are intertwined, but the two sides should have healthy competition on the basis of fairness and equity.

Wang said the one-China principle is a "red line" that must not be crossed in China-US relations.

China hopes that the new US administration will make a "clear departure" from its predecessor's "dangerous practice" on Taiwan, Wang said.

"We hope the new US administration will appreciate the great sensitivity of the Taiwan question, and will abide by the one-China principle and the three Sino-US communiques," Wang said.

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He said China was also hoping that the US administration will prudently and properly handle the Taiwan question. 

Wang said the two sides of the Taiwan Strait must be and will surely be reunified, adding that reunification is the trend of history and the collective will of the entire Chinese nation and it will not and cannot be changed.

On the other hand, China welcomes US return to the Paris Agreement and expects that the United States will should its responsibility and make its due contribution, Wang said.

He said China hopes that renewed China-US cooperation on climate change will bring positive "climate change" to the bilateral relations.

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China also urged the United States to demonstrate good faith and return to the Iran nuclear deal at an early date.