China sends 'positive' signs for TPP
Updated: 2013-07-03 07:57
By Ding Qingfen in Beijing and Joseph Boris in New York (China Daily)
|
|||||||||||
US Trade Representative Demetrios Marantis said in an interview with CNBC that while the TPP seeks to eliminate trade barriers and require members to comply with a high standard of transparency, China has to meet the high standards if it wants to join the pact.
The unnamed source from the Ministry of Commerce said: "We know it's difficult, but the key point is we have to change minds and stick to opening-up to the world. Once we are determined on the TPP, everything else will be solved."
The source said ongoing talks on an investment treaty between China and the US will pave the way for China to join the TPP.
"The treaty touches on many sensitive and important issues, based on which talks on the TPP would be easier," he said.
China and the US began to negotiate on the investment treaty early in 1980, but the talks were suspended before being relaunched in 2008.
Yang Ziman in Beijing and Chen Weihua in Washington contributed to this story.
Related Stories
TPP can benefit China 2013-06-24 07:15
China hopes for transparent US-led TPP talks 2013-06-01 09:30
China to study possibility of joining TPP 2013-05-31 02:11
Factories to face headwinds from enlarged TPP 2013-04-25 02:48
Door to TPP is open for China, says US 2013-03-22 01:25
TPP may drive BRICS into action 2012-09-06 07:54
Today's Top News
Shanghai gets go-ahead for free trade zone
Woman executed for drug trafficking
Shanghai gets go-ahead for free trade zone
Obama, Merkel agree talks on surveillance program
China urges more efficient uses of fiscal funds
Egypt army topples president Morsi
Pilot flight for Internet on Air China services
Frankfurt aims to be key yuan center
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Graduates face grim hunt for job |
Parents learn a lesson on homes |
Taking the reins of great change |
Lifting the veil of feng shui |
A growing thirst for water safety |
Justice, Tibet style |