China has strictly observed WTO rules and faithfully stuck to its obligations, while making important contributions to the development of a multilateral trading system, an official from China's Ministry of Foreign Affairs (MFA) said Tuesday.
"The WTO has an objective assessment system to judge whether the policies of China and the U.S., the two largest economies in the world, are appropriate or not," said Lu Kang, spokesman for the MFA.
The comment came after Robert Lighthizer, the U.S. Trade Representative, said in a speech on Monday that China and its industrial policies posed an "unprecedented" threat to the world trading system, which could not be addressed under current global rules.
"In fact, various countries, the U.S. included, have also gained enormous benefits from their trade with China. Meanwhile, China remains committed to following the path of reform and opening-up to give the market a decisive role in resource allocation," Lu noted.
As WTO members, both China and the U.S. should uphold the authority of WTO rules and jointly improve the rule-based, fair and open multilateral trading system, he said.
