Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China's commerce minister Wang Wentao said.
in Detroit, where he met with several leaders and exchanged views on multilateral and bilateral economic and trade issues amid wider global trade rifts and uncertainties.
"The Asia-Pacific region has always been the region with the most growth vitality, development potential and economic resilience in the global economy, but economic and trade development still faces many disturbances and challenges," Wang said, according to a statement from the Chinese Ministry of Commerce.
"China calls on APEC economies to continue to uphold open regionalism, unswervingly promote the process of regional economic integration, further deepen trade and investment cooperation, and share the opportunities and dividends brought by the integrated development of regional industrial chains and supply chains," Wang said.for ways to fortify global supply chains, which are still wobbly in the post-COVID world.
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