General

A spokesman for the Ministry of Commerce said on May 24 that China has noted that the US announced the launch of the "India Pacific economic framework" on May 23. China believes that the success of the Asia Pacific economy benefits from openness and cooperation, mutual benefit and win-win results. Relevant initiatives should contribute to the prosperity and development of the region and should remain open and inclusive rather than discriminatory and exclusive; Economic cooperation and solidarity should be promoted, rather than undermining and splitting existing mechanisms. China has always been open to regional economic cooperation initiatives that meet the above criteria.

The spokesman of the Ministry of Commerce made the above response in response to a reporter's question about the "India Pacific economic framework" announced by US President Biden during his visit to Japan on May 23.

The spokesman said that China will adhere to open regionalism and share the same boat and destiny with its trading partners in the Asia Pacific region. China is willing to further deepen practical cooperation with all parties, promote regional economic integration, promote regional economic recovery and maintain regional peace and stability.