International Department of the CPC Central Committee       BEIJING REVIEW
Major events in June 2018       MONTHLY
June 28: China continues to give firm support to WTO: white paper

China issued a white paper on June 28, saying it will continue to give firm support to the World Trade Organization (WTO) in playing a greater role in global economic governance.

"China will continue to fulfill its commitments, comply with rules, actively participate in the improvement of the multilateral trading system, and give firm support to the WTO in playing a greater role in global economic governance," says the white paper titled "China and the World Trade Organization."

The white paper notes economic globalization has powered global growth and is an irreversible trend of the times. "China and the multilateral trading system stand together through thick and thin," it says.

Surging tides of anti-globalization in recent years, coupled with rising protectionism and unilateralism, have posed severe challenges to the multilateral trading system with the WTO at its core, it says.

China calls on all countries to jointly shoulder the responsibilities of the times and believes that all countries should have equal access to development opportunities.

As the largest developing country in the world, China looks forward to further cooperation and communication with other countries to jointly respond to global issues that emerge in the process of globalization, and to building a global economic governance system based on equality, equity and win-win cooperation.

"China commits itself to opening up wider and deeper to promote common development across the world, providing other countries with more opportunities to share the benefits of China's development," it says.

(Xinhua News Agency June 28, 2018)

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