China: We are ready to contribute to a multilateral trading system
On May 28th, Chinese Minister of Commerce Wang Wentao expressed his country’s willingness to contribute to the multilateral trading system and promote sustainable and inclusive trade development.
“With the acceleration of WTO reform, economies in the Asia-Pacific region should actively participate in promoting an early resumption of trade to the dispute settlement mechanism,”Xinhua quoted Wang as saying in a statement at the Asia-Pacific Economic Cooperation (APEC) trade ministers’ meeting held in Detroit, USA.
Wang pointed out that economies should strive to complete negotiations on investment facilitation as soon as possible, substantially conclude negotiations on e-commerce this year, and promote initiatives such as prevention and control of plastic pollution.
Wang said that the Asia-Pacific region has always been the most dynamic and flexible in the global economy, but it also faces interference and challenges in its economic and trade development.
Wang noted that China calls on APEC economies to continue adhering to the open regionalism and adhere to the establishment of the main channel of the Asia-Pacific Free Trade Area.
- al-Mohammad