CHINA will continue to work with the rest of the world to safeguard the multilateral trade system with the World Trade Organisation (WTO) at its core, foreign ministry spokesman Guo Jiakun said on Monday, reports Xinhua.
china will continue to honour its commitments made at its accession to the WTO, promote global trade and investment liberalisation and facilitation, and deliver more benefits to the world, Mr Guo told a press briefing in response to a question related to the 30th anniversary of the WTO's founding.
Through providing an open, stable and predictable institutional environment, the WTO has ensured that global trade is conducted in an overall steady and orderly manner, and enhanced trade and economic cooperation between members, he said.
The WTO has supported developing economies in participating in and benefiting from economic globalisation and made important contribution to improving the well-being of people of various countries and promoting sustainable development, he said.
Stressing that free trade is an essential condition for world economy to grow, he said the ultimate goal of free trade is to achieve mutually beneficial result and common development.
'Engaging in protectionism and building 'small yard, high fence' seriously disrupts the global industrial and supply chains and harms the common and long-term interests of all countries,' he said.
SeaNews Turkey
china will continue to honour its commitments made at its accession to the WTO, promote global trade and investment liberalisation and facilitation, and deliver more benefits to the world, Mr Guo told a press briefing in response to a question related to the 30th anniversary of the WTO's founding.
Through providing an open, stable and predictable institutional environment, the WTO has ensured that global trade is conducted in an overall steady and orderly manner, and enhanced trade and economic cooperation between members, he said.
The WTO has supported developing economies in participating in and benefiting from economic globalisation and made important contribution to improving the well-being of people of various countries and promoting sustainable development, he said.
Stressing that free trade is an essential condition for world economy to grow, he said the ultimate goal of free trade is to achieve mutually beneficial result and common development.
'Engaging in protectionism and building 'small yard, high fence' seriously disrupts the global industrial and supply chains and harms the common and long-term interests of all countries,' he said.
SeaNews Turkey