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China open to any mechanism conducive to Asia-Pacific economic integration

English.news.cn   2015-10-08 19:34:10

BEIJING, Oct. 8 (Xinhua) -- China is open to any mechanism that follows the rules of the World Trade Organization and can boost the economic integration of the Asia-Pacific region, said a Foreign Ministry spokesperson on Thursday.

"China maintains that the mechanism should be conducive to strengthening multilateral trade system, pushing forward the Doha Round talks and global development agenda," said spokesperson Hua Chunying at a regular press briefing.

She was responding to a question regarding a deal reached on Monday among top trade negotiators of the United States and 11 other Pacific Rim countries on the Trans-Pacific Partnership (TPP) free trade pact.

Hua said given the difference in economic development of Asia-Pacific countries, China believes those concerned should jointly push the building of the Asia-Pacific Free Trade Area, and various trade mechanisms should complement each other.

China is committed to boosting the process of the FTA of Asia Pacific together with other parties in the region, to boost healthy global economic growth, she added.

The TPP talks involve Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.

Related:

Hillary Clinton opposes controversial Pacific trade deal

WASHINGTON, Oct. 7 (Xinhua) -- Democratic presidential candidate Hillary Clinton on Wednesday said she does not support the controversial Trans-Pacific Partnership (TPP) deal, reached on Monday after marathon talks between the United States and 11 Pacific Rim nations.

"As of today, I'm not in favor of what I have learned about it," Clinton said in an interview with the PBS NewsHour, noting that she doesn't believe the deal will meet her "high bar" for creating good American jobs, raising wages and advancing national security. Full story >>>

G20 urges reforms for global trade growth

ISTANBUL, Oct. 6 (Xinhua) -- G20 trade ministers on Tuesday agreed to pursue deeper and wider reforms to ensure trade growth as it grew less than the global economy for the first time in the last four decades.

"Only through a comprehensive and international trade system, this trend could be reversed and trade growth could be revived," the ministers said in a press release issued at the conclusion of a two-day meeting in Istanbul. Full story >>>

Spotlight: Pacific trade ministers reach deal, doubt about approval remains

ATLANTA, the United States, Oct. 5 (Xinhua) -- Trade ministers of the United States and 11 other Pacific Rim countries have reached an agreement on the Trans-Pacific Partnership (TPP) free trade pact, but the final ratification of the ambitious deal in the TPP members' countries is far from certain, particularly in the United States.

"After more than five years of intensive negotiations, we have come to an agreement that will support jobs, drive sustainable growth, foster inclusive development, and promote innovation across the Asia-Pacific region," said U.S. Trade Representative Michael Froman said at a closing press conference after about five days of round-the-clock TPP ministerial meeting was concluded here. Full story >>>

Editor: xuxin
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China open to any mechanism conducive to Asia-Pacific economic integration

English.news.cn 2015-10-08 19:34:10

BEIJING, Oct. 8 (Xinhua) -- China is open to any mechanism that follows the rules of the World Trade Organization and can boost the economic integration of the Asia-Pacific region, said a Foreign Ministry spokesperson on Thursday.

"China maintains that the mechanism should be conducive to strengthening multilateral trade system, pushing forward the Doha Round talks and global development agenda," said spokesperson Hua Chunying at a regular press briefing.

She was responding to a question regarding a deal reached on Monday among top trade negotiators of the United States and 11 other Pacific Rim countries on the Trans-Pacific Partnership (TPP) free trade pact.

Hua said given the difference in economic development of Asia-Pacific countries, China believes those concerned should jointly push the building of the Asia-Pacific Free Trade Area, and various trade mechanisms should complement each other.

China is committed to boosting the process of the FTA of Asia Pacific together with other parties in the region, to boost healthy global economic growth, she added.

The TPP talks involve Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.

Related:

Hillary Clinton opposes controversial Pacific trade deal

WASHINGTON, Oct. 7 (Xinhua) -- Democratic presidential candidate Hillary Clinton on Wednesday said she does not support the controversial Trans-Pacific Partnership (TPP) deal, reached on Monday after marathon talks between the United States and 11 Pacific Rim nations.

"As of today, I'm not in favor of what I have learned about it," Clinton said in an interview with the PBS NewsHour, noting that she doesn't believe the deal will meet her "high bar" for creating good American jobs, raising wages and advancing national security. Full story >>>

G20 urges reforms for global trade growth

ISTANBUL, Oct. 6 (Xinhua) -- G20 trade ministers on Tuesday agreed to pursue deeper and wider reforms to ensure trade growth as it grew less than the global economy for the first time in the last four decades.

"Only through a comprehensive and international trade system, this trend could be reversed and trade growth could be revived," the ministers said in a press release issued at the conclusion of a two-day meeting in Istanbul. Full story >>>

Spotlight: Pacific trade ministers reach deal, doubt about approval remains

ATLANTA, the United States, Oct. 5 (Xinhua) -- Trade ministers of the United States and 11 other Pacific Rim countries have reached an agreement on the Trans-Pacific Partnership (TPP) free trade pact, but the final ratification of the ambitious deal in the TPP members' countries is far from certain, particularly in the United States.

"After more than five years of intensive negotiations, we have come to an agreement that will support jobs, drive sustainable growth, foster inclusive development, and promote innovation across the Asia-Pacific region," said U.S. Trade Representative Michael Froman said at a closing press conference after about five days of round-the-clock TPP ministerial meeting was concluded here. Full story >>>

[Editor: huaxia]
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