China supports necessary reform of the World Trade Organization, but certain principles should be followed during the reform, China's Ministry of Commerce (MOFCOM) said on Wednesday.
China supports reform of the WTO to keep the multilateral trading system up with development of the world, but certain principles should be maintained, said Gao Feng, spokesman of the commerce ministry at a media briefing.
The first one should be fundamental principles of the WTO, including the most-favored-nation treatment and free trade, and the second one is supporting the developing members' reasonable demands, he said.
The operation of the WTO should be based on mutual respect and mutual benefit instead of imposing a few members' decisions on others without negotiation, Gao said.
At the media briefing, Gao also responded to concerns that some foreign companies are considering cutting production in China due to the trade friction with the US.
The spokesman said China is continuing to open its market and improve investment environment and it will also help companies deal with concrete problems.
"The central and local governments are actively resolving problems in the use of land, natural gas, and labor, so we can get some major foreign investment programs start implementation."
