That's indeed true. But I see such suspension as a kind of signal that Beijing would like to compromise, which is nearly impossible. In practice, the "suspension" simply means that it's over because Beijing doesn't want to "lose face" and intentionally picked a moderate word to make both sides happy.
Note that the government statement says "There is no timetable for restarting the process." Even if the government had completely retracted the amendment, they could draft another amendment anytime anyway. That's why I think they've made it.