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China aims to establish network of high-level FTAs

By Li Jiabao | China Daily | Updated: 2013-12-05 07:13

China plans to build a high-level network of free trade agreements while pledging to act as a firm supporter of the multilateral trade system under the World Trade Organization, trade officials said on Wednesday.

"China has basically established a platform of free trade agreements covering neighboring regions and FTA networks radiating the continents," Yao Jian, spokesman of the Ministry of Commerce, told reporters in Beijing.

In the comprehensive reform plan released in November, China vowed to speed up its FTA strategy based on trade pacts with neighboring economies and to develop a global and high-standard FTA network.

China aims to establish network of high-level FTAs

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