FTA moves to gain momentum
By Zhong Nan | China Daily | Updated: 2015-10-08 08:45
China will step up efforts to forge more bilateral and multilateral free trade agreements in the Asia-Pacific region to reduce the impact of the Trans-Pacific Partnership pact inked on Monday, experts said on Wednesday.
The TPP will include provisions on eliminating and reducing tariffs and non-tariff barriers on industrial goods among member countries, as well as removing or reducing tariffs and other restrictive policies on agricultural goods.
The United States' government considers the TPP as a practical measure that could expand the country's influence in the fast-growing Asia-Pacific region.
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