Protection of developing nations' interests urged in WTO reform
By Jing Shuiyu and Zhong Nan | China Daily | Updated: 2018-11-24 06:22
Necessary reform to the World Trade Organization should safeguard the multilateral trading system, protect the interests of developing member countries and take into account all parties' concerns, the Ministry of Commerce said on Friday.
Wang Shouwen, vice-minister of commerce, said China supports reform of the international body to enhance its "authoritativeness and effectiveness", since unilateralism and protectionism are on the rise.
Introducing China's five-point proposal on the issue, Wang said WTO reform should strengthen the role of multilateralism in boosting global trade liberalization and facilitation.
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