Chen Deming: China to Fight Trade Protectionism

    "Protectionism cannot save the world economy during the global financial crisis and economic downturn," said Chinese Commerce Minister Chen Deming during a procurement tour in Europe. He suggested that every country should think about the current crisis in a rational way and from a comprehensive perspective. Only the guarantee of open markets can pull the world out of a financial tailspin. Although China's economy is also encountering severe challenges, the Chinese government will continue with an open trade approach, and keep stimulating domestic consumption. The measures it will adopt are conducive to increasing imports and promoting bilateral investments, offering more opportunities to other countries. "The sending of a large business delegation to Europe is a concrete step taken by China to fight trade protectionism, and it shows China's willingness to fight trade protectionism and overcome the current economic difficulties together with European countries," said Chen Deming.