Caixin
Oct 02, 2021 06:02 PM
ECONOMY

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

Commerce Ministry spokesperson Shu Jueting speaks at a press conference. Photo: VCG
Commerce Ministry spokesperson Shu Jueting speaks at a press conference. Photo: VCG

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.

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