China Vows Unprecedented Market Access if It Can Join Pacific Trade Pact

China will commit to allowing an unprecedented level of access to its markets to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a commerce ministry spokesperson said.

The commitment amounts to a “high-level opening-up,” the extent to which China has never agreed to under any current trade deal, Shu Jueting said at a Thursday press conference (link in Chinese) in response to a reporter’s question about what preparations the country is making to meet entry requirements for the multilateral trans-Pacific trade pact.