China’s CommMin: China opposes all forms of protectionism - Reuters

China’s Commerce Minister Zhong Shan wrote in the People’s Daily, the ruling Communist Party’s official newspaper, the Chinese government is firmly against protectionism and will do everything to safeguard the world’s multilateral trading system.

Key Quotes:

“China will quicken the pace of reform and implement its pledge to opening up banks, securities and insurance, besides easing foreign ownership limits on autos, ships and aircraft.

China will also step up protection of intellectual property rights and backs a free trade zone in its southern province of Hainan.”