China is now having 12 free trade talks which include free trade agreement (FTA) negotiations and FTA negotiation upgrades with 27 countries, People's Daily reports.
China has been vigorously promoting the FTA negotiations. Those ongoing free trade talks contain the Regional Comprehensive Economic Partnership (RCEP), the China-Japan-ROK FTA, the China-Norway FTA, the China-Sri Lanka FTA, the China-Israel FTA, the China-Singapore FTA upgrade, and the China-New Zealand FTA upgrade.
Gao Feng, spokesman of the Ministry of Commerce (MOC), said in July that China hopes to build a high-standard free trade area network that is in line with its own development level, and work with free trade partners to enhance the level of liberalization and facilitation of goods, services and investment, jointly cultivating global markets and further promoting the construction of an open world economy, and make contributions for the stable and healthy development of a global economy.
