China is taking significant strides toward fostering an open and inclusive global economy, as highlighted by Commerce Minister Wang Wentao during the 13th Ministerial Conference of the World Trade Organization (WTO) in Abu Dhabi, United Arab Emirates.
Minister Wang emphasized China's steadfast commitment to the multilateral trading system, underscoring the pivotal role the WTO plays in shaping a balanced and equitable economic landscape. \"We are dedicated to working with all parties to build an open world economy,\" Wang stated, reflecting China's collaborative approach to international trade.
Highlighting the importance of inclusive economic globalization, Wang advocated for the protection of developing members' rights, particularly those of the least developed countries. This focus aims to ensure that economic growth benefits all nations, fostering stability and resilience within the global industrial and supply chains.
Moreover, China is championing the integration of green industries and green manufacturing as key drivers for sustainable economic growth. By advocating for the incorporation of the Investment Facilitation for Development (IFD) Agreement into the WTO's legal framework, China seeks to establish high-standard multilateral digital trade rules, positioning itself at the forefront of the digital economy's evolution.
As the global economy navigates the challenges of the 21st century, China's proactive stance at the WTO conference underscores its dedication to shaping a future where economic prosperity is inclusive, sustainable, and resilient for all.
Reference(s):
cgtn.com
