Hey there, global citizens! 🌎 Did you hear what went down in Abu Dhabi this week? At the 13th Ministerial Conference of the World Trade Organization (WTO), China's Commerce Minister Wang Wentao made some waves! 🌊
Minister Wang announced that the Chinese government is all in for building an open world economy. He highlighted China's firm support for the multilateral trading system and emphasized the importance they place on the WTO's work.
But that's not all! Wang called on the WTO to promote economic globalization that's beneficial and inclusive for everyone. He stressed the need to safeguard the rights of developing members—especially the least developed countries—and to strengthen the stability and resilience of global industrial and supply chains. Talk about looking out for the little guys! 🌟
He also pointed out that the WTO should inject new energy into the global economy. How? By promoting green industry and green manufacturing as the new engines of growth. It's like giving the economy a green boost! 🌿⚡
Furthermore, Wang urged for the early incorporation of the Investment Facilitation for Development (IFD) Agreement into the WTO legal framework. He believes that reaching a high-standard multilateral digital trade rule soon is crucial. Sounds like they're paving the way for a more connected future! 🚀
It's exciting to see big players advocating for openness and inclusivity on the world stage. Let's hope these efforts lead to positive changes for all of us! ✨
Reference(s):
cgtn.com