In Geneva this weekend, the Chinese vice premier He Lifeng reaffirmed his country’s commitment to a rules-based, multilateral trading system at the heart of global commerce. Meeting with WTO Director-General Ngozi Okonjo-Iweala, He underscored the organization’s vital role in stabilizing trade amid growing uncertainty.
“The multilateral trading system, with the WTO at its core, is the cornerstone of international trade,” said He Lifeng. He called on all parties to resolve disputes through equal-footing dialogues within the WTO framework, a move designed to safeguard free trade and keep supply chains running smoothly.
As China’s lead person for China-U.S. economic and trade affairs, He Lifeng also briefed the WTO chief on the high-level meeting held over the weekend between China and the United States in Geneva. He highlighted a shared goal of ensuring stable global industrial and supply chains.
Okonjo-Iweala praised the call for united action, noting that WTO members face “severe challenges” and must work together to defend an open, rule-based order. She stressed the WTO’s potential to drive trade liberalization, improve efficiency, and support sustainable development.
Looking ahead, China plans to deepen its engagement in WTO reform, ensuring the legitimate rights and interests of developing members are protected. This pledge could influence how emerging markets and tech-driven startups approach global trade rules.
For young global citizens, business leaders, and changemakers, this renewed push for multilateralism promises clearer trade policies and fresh opportunities. Follow myglobalnews.net as we explore the impact of China’s WTO support on markets, innovation, and the future of cross-border collaboration.
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China supports multilateralism, free trade, WTO's role: vice premier
cgtn.com
