China is ready to work with all parties to give full play to the role of Asia-Pacific Economic Cooperation (APEC), said He Yongqian, spokeswoman of the Ministry of Commerce at a press briefing in Beijing on Thursday. The spokeswoman briefed the media about the recent 31st APEC Ministers Responsible for Trade Meeting held in Jeju, South Korea, saying it marks the first major multilateral trade ministers meeting of the year, where intensive discussions resulted in a series of important agreements, culminating in a joint statement.
During the meeting, APEC members expressed deep concerns over the severe impact of unilateralism and protectionism on the multilateral trade system, she said.
The participants supported the early incorporation of the Investment Facilitation Agreement into the World Trade Organization (WTO) legal framework.
They also agreed to push for meaningful reforms within the WTO and to collectively work towards achieving practical outcomes at the 14th WTO Ministerial Conference, according to He.
The spokeswoman said China would like to join hands with all parties to better leverage the role of the APEC to the benefit of more economies and peoples. "All parties reiterated their commitment to fully implement the APEC Putrajaya Vision 2040, and reached a series of consensus on areas including regional economic integration, the construction of Free Trade Area of the Asia-Pacific, digital economy, intellectual property, and supply chain connectivity. China is willing to enhance communication and cooperation with all parties to give full play to the role of the APEC platform, promote Asia-Pacific economic and trade cooperation to better benefit all economies and peoples, and contribute to the building of an Asia-Pacific community with a shared future," she said.
China to work with all parties to give full play to APEC platform: spokeswoman
China to work with all parties to give full play to APEC platform: spokeswoman
China to work with all parties to give full play to APEC platform: spokeswoman
