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China Daily | Updated: 2017-03-22 07:34

Govts & policies

Nation committed to trade system

China is committed to safeguarding a multilateral trade system, since the system gave enormous benefits to the least developed countries, Chinese Vice-Minister of Commerce Wang Shouwen said on Monday. Speaking at the opening ceremony of the fifth China Round Table on World Trade Organization Accession, Wang said the world is faced with anti-globalization sentiment, populism and growing protectionist forces. He added that in the context of sluggish global trade growth and inward-looking trade policies by some major players, WTO members should firmly stick to multilateralism and uphold the primacy of the WTO in trade liberalization.

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