G20 Summit: China hopes to boost global trade and investment

G20 Summit

The port of Ningbo in China.The port of Ningbo in China.

China has benefited greatly from being plugged into the global market.

The country is the world’s largest exporter of goods and the second largest importer.

So how will it use its position as host of this year’s G-20 summit to boost global trade and investment?

CCTV’s Xing Zheming has those details from Shanghai.

China continues to open up to the world in trade and investment.

Its efforts include the establishment of the Shanghai pilot free trade zone, signing bilateral and multilateral free trade agreements, the launch of the “Belt and Road” initiative, as well as internationalizing its currency.

G20: Interview with WTO Director-General

CCTV’s Wang Hui spoke to the Director-General of the World Trade Organization, Robert Azevedo who gave advice to the G-20 economies on how to facilitate global trade and investment, and touched on China’s market economy status.