China will continue its assistance for the World Trade Organization (WTO) to work as a stabilizer of international trade and make greater contributions to dealing with global difficulties, Chinese Vice Premier He Lifeng stated on Sunday.During his conference with WTO Director-General Ngozi Okonjo-Iweala, He said that the multilateral trading system, with the WTO at its core, is the foundation of international trade and plays an essential function in international financial governance.He advised all parties to deal with distinctions and disputes through discussions on an equal footing within the WTOs structure, to collectively maintain multilateralism and free trade, and push for the steady and smooth functioning of international commercial and supply chains.China will continue to get involved adequately and deeply in the reform of the global trade body, securing the genuine rights and interests of establishing members, said the Chinese vice premier.He, the Chinese lead person for China-U.S.
financial and trade affairs, also briefed the WTO chief on the high-level China-U.S.
financial and trade conference held over the weekend in Geneva.Okonjo-Iweala stated that the existing global economic and trade growth deals with serious difficulties, noting that WTO members ought to work together to safeguard an open and rule-based multilateral trading system, reinforce discussion and cooperation on global trade concerns, and push for a greater WTO function in helping with trade liberalization, enhancing trade effectiveness, and attaining global sustainable development.