Chinese Vice Premier Pledges to Work with All Parties for Open and Stable International Trade Environment

Chinese Vice Premier He Lifeng stated in Beijing last Tuesday that China will work with all parties to maintain an open, stable, and predictable international trade environment.

China's Position on Global Trade:

• Support and Opposition: He affirmed that China strongly supports the multilateral trading system centered on the World Trade Organization (WTO) and firmly opposes unilateralism and trade protectionism.

• Future Commitments: He pledged that China will actively participate in WTO reform and continue to promote the liberalization and facilitation of trade and investment.

WTO's Stance:

• Importance of Multilateralism: WTO Director-General Ngozi Okonjo-Iweala stressed that the multilateral trading system provides global trade with stability and resilience.

• Call for Cooperation: She expressed hope that all parties would strengthen dialogue and cooperation within the WTO framework.

These statements were made during a meeting between He Lifeng and Okonjo-Iweala in the Chinese capital.