He Lifeng: China firmly supports multilateralism and free trade, and supports the World Trade Organization in playing a greater role in global economic governance
On May 12, local time on the evening of May 11, Vice Premier He Lifeng of the State Council met with Director-General Iweala of the World Trade Organization in Geneva. He Lifeng said that the multilateral trading system with the World Trade Organization at its core is the cornerstone of international trade and plays an important role in global economic governance. All parties should resolve differences and disputes through equal dialogue under the framework of the World Trade Organization, jointly safeguard multilateralism and free trade, and promote the stability and smooth flow of the global industrial chain supply chain. China will continue to fully and deeply participate in the reform of the World Trade Organization, support the World Trade Organization in playing the role of a "stabilizer" in global trade, safeguard the legitimate rights and interests of developing members, and make greater contributions to addressing common global challenges. He Lifeng also briefed the relevant situation of the high-level economic and trade talks between China and the United States upon enquiry. Iweala said that the current global economic and trade growth is facing severe challenges, and WTO members should jointly safeguard an open and rules-based multilateral trading system, strengthen dialogue and cooperation on international trade issues, and promote the WTO to play a greater role in promoting trade liberalization and facilitation and achieving global sustainable development.
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