BEIJING: China will use a variety of channels to engage in multilevel communication and exchanges with all relevant parties in order to speed up its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, said the Ministry of Commerce.
China is fully confident and capable of meeting the high standards set by the CPTPP, said He Yadong, a spokesman for the ministry, during a weekly news conference in Beijing.
Since applying to join the CPTPP, China has communicated and consulted with all members in accordance with the accession process.
The Chinese government has conducted a comprehensive, full and in-depth study and evaluation of the agreement’s content, said He.
The CPTPP, which took effect in December 2018, is a free trade agreement among 11 countries. The pact’s current members are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
“We have proactively aligned our policies and legislation with the CPTPP rules in relevant areas and are well-prepared for market access offers in goods trade, trade in services and investment,” he said, adding the government has carried out reforms and pilot projects in related areas. Its efforts have achieved encouraging results. –The Daily Mail-China Daily news exchange item
