China's achievements in opening-up over past 10 years

chinadaily.com.cn | Updated: 2022-05-16 06:40
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5.Global economic governance

The logo of the World Trade Organization in Geneva, Switzerland, Sept 28, 2021. [Photo/Agencies]

China promoted reaching an agreement for the Beijing Roadmap for APEC's Contribution to the Realization of the Free Trade Area of the Asia-Pacific by 21 members in 2014. This drew a blueprint for the establishment of a high-level free trade area in the Asia-Pacific region.

China also promoted the establishment of the G20 Guiding Principles for Global Investment Policymaking at the 2016 G20 Hangzhou Summit, which laid the foundation for the WTO's investment facilitation initiative in 2017.

China has also actively participated in the reform of the WTO and firmly safeguarded the multilateral trading system.

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