China will significantly widen market access, says commerce minister

Chinese Commerce Minister Zhong Shan said economic globalisation is an irreversible trend and China will continue to defend the global multilateral trading system.
Chinese Commerce Minister Zhong Shan said economic globalisation is an irreversible trend and China will continue to defend the global multilateral trading system. PHOTO: REUTERS

BEIJING (REUTERS) - China will significantly widen market access and oppose any kind of protectionism, Chinese Commerce Minister Zhong Shan said in an article published in the state-run People's Daily on Monday (July 2).

Mr Zhong said economic globalisation is an irreversible trend and that China will continue to defend the global multilateral trading system.

Beijing on Thursday unveiled a long-anticipated easing of foreign investment curbs on sectors including banking, automotive and heavy industries and agriculture, moving to fulfil its promise for greater market access.