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China Firmly Opposes Trade Protectionism

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China will continue to actively take part in the economy globalization process and resolutely oppose trade and investment protectionism together with others, Chinese Premier Wen Jiabao said Thursday.

Protectionism would slow down recovery of global economy and bring harm to enterprises and people around the world, Wen said when delivering a speech at the opening ceremony of the 2009 Summer Davos, also known as the Annual Meeting of the New Champions 2009 held in north China's port city Dalian.

"With the shadow of the global financial crisis still lingering, the international community must not waver in its resolve or slacken its efforts against protectionism," Wen said, adding that we must guard against and redress all forms of covert protectionist activities.

"As an active participant in economic globalization, China will never engage in trade or investment protectionism. We mean what we say and we honor our word with real action," he said, adding that China had sent several trade and investment promotion missions to Europe and the United States to purchase goods and boost investment cooperation.

(Xinhua News Agency September 10, 2009)

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