UNITED NATIONS (Sputnik): China will not impose market barriers on countries and will open its market to the international investments even more, Foreign Minister Wang Yi said in a speech at the 73rd session of the UN General Assembly in New York on Friday.
“China will open doors wider to the world. China will not erect market barriers, but will expand access to the Chinese market,” Wang said.
The foreign minister emphasized that China has given other states an opportunity for joint development by offering its huge market.
According to Wang, China is confident that it can maintain the momentum and now the government will expedite its efforts to develop an advanced economic system.
Wang also said China has done more than expected on tariff reduction when it joined the World Trade Organization (WTO).
The official pointed out that China seeks a proper settlement of disagreements according to the rules that apply to every country and will not tolerate attempts at pressure by some states stressing that the Asian state “will not be blackmailed or yield to pressure.”
China promises to fully enforce United Nations Security Council sanctions against North Korea, Chinese Foreign Minister Wang Yi said.
“China will continue to honor its international responsibilities and will strictly implement UN Security Council resolutions related to the DPRK,” Wang said.
The top Chinese diplomat emphasized that China is encouraging North Korea to continue making progress toward denuclearization. He also called on the United States to make “timely and positive” reciprocal gestures in response to North Korea’s actions. Wang also reaffirmed Beijing’s support for the inter-Korean dialogue and welcomed discussions between the US and North Korea.
The United States and China have engaged in a trade war this year as US President Donald Trump, who had repeatedly pledged to fix the US $500 billion trade deficit with China, imposed tariffs on Chinese goods. Since then, the two sides have exchanged several rounds of import duties on each other.
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