A Chinese foreign ministry spokesman called the decision, announced hours earlier by Hong Kong Chief Executive Carrie Lam, an attempt to "listen more widely to the views of the community and restore calm to the community as soon as possible." (READ: High points of Hong Kong's huge protests)
"We support, respect and understand this decision," ministry spokesman Geng Shuang said in a statement.
Opposition to the Beijing-backed bill united an unusually wide cross-section of Hong Kong.
Critics feared the proposed law would subject people to China's notoriously opaque and politicised courts and it was seen as the latest move by Beijing to weaken freedoms promised to the former British colony when it was handed back over to China in 1997.
"The rights and freedoms enjoyed by Hong Kong residents are fully protected in accordance with the law. The facts are obvious to all," the Chinese foreign ministry statement said.
"Maintaining Hong Kong's prosperity and stability is not only in the interests of China, but also in the interests of all countries in the world."
A separate statement by the Chinese central government agency that handles Hong Kong-related affairs said the extradition bill was "necessary and justified" to plug what it called loopholes in current laws.
It said China continues to support the extradition bill and "pays close attention" to public opposition to the legislation. – Rappler.com