Ministry talks up importance of global trade

Source: Xinhua | 2018-11-30

ECONOMIC globalization is the trend of the times, and efforts should be made to safeguard global free trade and the multilateral trade system, China’s Ministry of Commerce said yesterday.

Ministry spokesman Gao Feng called on G20 member countries to work together to help build an innovative, inclusive and open world economy, and push for positive and pragmatic economic and trade results at the G20 summit in Argentina.

Rising protectionism and unilateralism has brought uncertainties to global economic growth, which calls for cooperation from all parties, he said.

China is willing to work with Argentina and other parties in strengthening cooperation in trade and investment, keeping markets open and exploring new drivers for growth, Gao said.

In response to the China-US economic and trade issue, he said teams of the two sides are in contact to push the implementation of the consensus reached by the two nations’ presidents.

Chinese President Xi Jinping will attend the G20 summit today and tomorrow in Buenos Aires.