China to proactively align with high-level global economic and trade rules

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China will proactively align with high-level international economic and trade rules to further deepen reform and expand institutional opening-up, according to senior trade officials. Commerce Minister Wang Wentao said at a recent press conference that China is willing to negotiate and sign free trade agreements with more economies and countries.

To this end, the country has communicated and negotiated with members of the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP) and the Digital Economy Partnership Agreement (DEPA), a new type of partnership agreement. digital trade agreement signed in 2020 by New Zealand, Chile and Singapore.

China’s official applications to join the CPTPP and DEPA last year demonstrated the country’s determination to deepen reforms and expand opening-up, while showing its sincere desire to strengthen cooperation in the international digital economy. and promote innovation and sustainable development, he said. as Chinese official media say.

China will proactively align with high-level international economic and trade rules to further deepen reform and expand institutional opening-up, according to senior trade officials. Commerce Minister Wang Wentao said at a recent press conference that China is willing to negotiate and sign free trade agreements with more economies and countries.

Vice Minister of Commerce and Deputy International Trade Representative Wang Shouwen said the country is willing to fully meet the high standards of the CPTPP through active efforts.

The CPTPP’s high-level rules on e-commerce are also in line with China’s efforts to participate in global digital cooperation and continuously improve the business climate for the digital sector, he added.

Fibre2Fashion (DS) News Desk

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