Core Viewpoint - The World Trade Organization (WTO) is facing increasing trade turmoil, with China urging member countries to collectively address the situation and uphold the core values and principles of the multilateral trading system [1][2] Group 1: China's Position - China has set the agenda on "increasing trade turmoil and WTO responses" for the fourth time this year, highlighting the ongoing instability in the global economic landscape [1] - The Chinese representative, Li Yongzhen, pointed out that U.S. trade policies are disrupting supply chains and global markets, becoming a major source of global instability [1] - China expressed strong concern over the U.S. unilateral tariffs that coerce some members into bilateral agreements, undermining the legitimate rights of third parties and eroding the rules-based multilateral trading system [1] Group 2: Recommendations from China - To address the escalating trade turmoil, China proposed three recommendations: 1. Enhance transparency and supervision 2. Collectively reaffirm commitment to a rules-based multilateral trading system 3. Take concrete actions to achieve practical results within the WTO [1] Group 3: Global Reactions - Various countries, including the EU, Brazil, Australia, Switzerland, and Pakistan, called for the maintenance of WTO's fundamental principles and reform [2] - The EU expressed serious concern over the erosion of the rules-based multilateral trading system by power-based trade relations [2] - Countries like Nigeria and Bangladesh emphasized the impact of unilateral tariffs and trade uncertainty on vulnerable developing members, urging the WTO to provide necessary assistance [2]

Core Viewpoint - China criticizes the US's "reciprocal tariff" measures at the WTO, urging all parties to jointly maintain the global service trade order [1][2] Group 1: China's Position - China actively set the agenda at the WTO meeting, highlighting the unilateralism and protectionism of the US's "reciprocal tariff" measures [1] - The Chinese position paper emphasizes that service trade is becoming a crucial engine for global trade growth, providing developing countries with more opportunities to integrate into the global value chain [1] - The US's measures are causing global trade turmoil, with negative impacts spilling over into the service trade sector [1] Group 2: US Trade Practices - China points out that the US has the largest service trade surplus globally and has been misleadingly framing its trade narrative by only discussing losses in goods trade while ignoring gains in service trade [1] - The unilateral measures from the US are undermining global business confidence, disrupting supply chains, and severely harming the legitimate interests of WTO members [1] Group 3: International Response - Other WTO members, including India, Brazil, Egypt, and Pakistan, echoed China's statements, emphasizing the importance of a multilateral trade system for global trade operations [2] - The collective sentiment is that an open, inclusive, stable, and non-discriminatory multilateral trade order is crucial for the sustainable development of all countries [2] - The service sector is recognized as a vital component of global supply chains and the future of global trade, necessitating cooperation to ensure regulatory stability and predictability [2]

Core Points - The World Trade Organization (WTO) held its third annual meeting of the Services Trade Council in Geneva, where China criticized the U.S. for its unilateral "reciprocal tariffs" and protectionist measures, highlighting their negative spillover effects on global services trade [1] - China emphasized that services trade is becoming a crucial engine for global trade growth, providing developing countries with more opportunities to integrate into global value chains, while U.S. measures are causing turmoil in global trade [1] - The U.S. is the largest services trade surplus country globally, yet it selectively discusses trade losses in goods while ignoring gains in services, demonstrating a double standard [1] - China called for the U.S. to adhere to WTO rules and engage in dialogue and cooperation to maintain the prosperity and stability of global services trade [1] Responses from Other Members - Countries such as India, Brazil, Egypt, and Pakistan echoed China's statements, emphasizing the importance of a multilateral trade system for global trade operations and the need for an open, inclusive, stable, and non-discriminatory trade order [2] - The services sector is highlighted as a vital component of global supply chains and the future of global trade, with a call for collaborative efforts to ensure regulatory stability and predictability [2]

Core Viewpoint - The article highlights China's criticism of the United States' unilateral "reciprocal tariffs" and protectionist measures during the WTO Services Council meeting, emphasizing the negative spillover effects on global service trade and calling for adherence to WTO rules to promote healthy and stable global service trade development [1]. Group 1 - China actively set the agenda at the WTO meeting, condemning the essence of the U.S. unilateralism and protectionism, and pointing out the adverse impacts of U.S. restrictions on global service trade [1]. - The document submitted by China states that service trade is becoming a crucial engine for global trade growth, providing developing countries with more opportunities to integrate into the global value chain [1]. - The U.S. has historically been the largest service trade surplus country, yet it selectively discusses trade losses in goods while ignoring gains in services, showcasing a double standard [1]. Group 2 - Other member countries, including India, Brazil, Egypt, and Pakistan, echoed China's statements, emphasizing the importance of a multilateral trade system for global trade operations and the need for stability and predictability in regulatory policies [2]. - The service sector is identified as a vital component of the global supply chain and the future of global trade, necessitating collaborative efforts to ensure healthy and stable global trade development [2].

Core Points - The 35th anniversary of diplomatic relations between China and Singapore was celebrated, highlighting the importance of mutual respect, trust, and win-win cooperation [1] - Both countries aim to deepen political trust and enhance high-level cooperation, focusing on cultural exchanges and maintaining multilateral trade systems [1] - Singapore's Prime Minister expressed confidence in the continued close cooperation between the two nations, emphasizing the ongoing development of government cooperation projects [2] Group 1 - Xi Jinping emphasized the fruitful outcomes of bilateral cooperation over the past 35 years, benefiting both nations [1] - The two countries are committed to advancing their modernization processes together, contributing to regional and global peace and prosperity [1] - Li Qiang expressed China's willingness to strengthen strategic alignment and deepen high-level cooperation across various fields [1] Group 2 - Singapore's Prime Minister highlighted the establishment of high mutual trust and the desire to expand cooperation in various fields [2] - Both nations are focused on maintaining free trade and a multilateral system, adapting to the demands of contemporary development [2]

Core Points - The World Trade Organization (WTO) held its third annual meeting of the Services Trade Council in Geneva on October 3, where China presented a position paper emphasizing the need for members to strengthen and stabilize global services trade, criticizing the unilateralism and protectionism of the United States [1] - China highlighted that services trade is becoming a crucial engine for global trade growth, providing developing countries with more opportunities to integrate into the global value chain, while the U.S. "reciprocal tariffs" have caused turmoil in global trade, negatively impacting the services trade sector [1] - The U.S. has historically been the largest services trade surplus country, yet it has adopted a misleading narrative focusing solely on losses in goods trade while ignoring gains in services trade, which China labeled as a typical double standard [1] Summary by Sections China's Position - China called for the U.S. to adhere to WTO rules and engage in dialogue and cooperation to maintain the prosperity and stability of global services trade [1] - The country expressed willingness to work with all members to deepen the level of openness in the services trade sector, contributing to the healthy and stable development of global services trade [1] Response from Other Members - Members such as India, Brazil, Egypt, and Pakistan echoed China's statements, emphasizing the importance of a multilateral trade system as a foundational rule for global trade operations [2] - They highlighted that the services sector is a vital component of global supply chains and the future of global trade, advocating for a spirit of consultation and cooperation to ensure the stability and predictability of regulatory policies [2]

Core Viewpoint - China's announcement to not seek new special and differential treatment (SDT) in current and future World Trade Organization (WTO) negotiations reflects its commitment to responsible global governance and a higher level of openness in trade [1][14][17]. Group 1: Implications of China's Announcement - The decision signifies a shift towards a more proactive role in multilateral trade negotiations, potentially opening new avenues for future discussions on trade rules [3][6]. - China's stance does not equate to a complete relinquishment of rights; rather, it indicates a willingness to engage on equal terms with developed nations in areas like goods trade, services, and intellectual property [3][4]. - The announcement is expected to enhance trust among WTO members and encourage a return to negotiations, particularly among developed countries [18][19]. Group 2: Context of China's Position - Since joining the WTO in 2001, China has enjoyed limited SDT compared to other developing members, indicating a unique position within the organization [5]. - The decision to forgo new SDT is seen as a response to external pressures and a reflection of China's growing economic capabilities, particularly in light of its status as the largest developing country [14][15][16]. - Maintaining its developing country status allows China to continue advocating for the interests of the Global South while balancing its responsibilities as a major global player [15][16]. Group 3: Impact on WTO Reform - China's declaration is anticipated to provide new momentum for WTO reforms, addressing existing challenges such as the restoration of negotiation functions and dispute resolution mechanisms [18][19]. - The move is viewed as a strategic choice to align with higher standards of openness and to facilitate smoother multilateral cooperation [19].

Group 1 - The China-Nordic Economic and Trade Cooperation Forum is set to take place from October 14 to 16 in Wuhan, Hubei, with the theme "Hubei as a Pivot, Smart Chain for the World" [1] - In 2024, trade between China and the Nordic countries reached $53.17 billion, an increase of 8.5% [1] - From January to August this year, trade between China and the Nordic countries amounted to $37.96 billion, showing a year-on-year growth of 7.1%, which is more than double the growth rate of trade between China and Europe during the same period [1] Group 2 - Nordic companies are optimistic about China's economic prospects and view it as a major market for production, sales, and R&D [2] - The electric vehicle and battery industries have emerged as new hotspots for cooperation, with Chinese companies like BYD and NIO successfully entering Nordic markets [2] - Nordic countries have become important markets for Chinese electric vehicle and battery companies, facilitating supply chain cooperation in Europe [2] Group 3 - The China-Nordic Economic and Trade Cooperation Forum is the first and only long-term mechanism specifically for cooperation with Nordic countries, having successfully held six sessions since 2018 [3] - The forum aims to enhance high-level dialogue, promote high-quality cooperation, and ensure that the benefits of cooperation reach enterprises and the public [3]

Core Viewpoint - China's announcement to not seek new special and differential treatment (SDT) in current and future World Trade Organization (WTO) negotiations signifies a strategic shift towards greater responsibility and engagement in global trade governance [2][4][16] Group 1: Implications of China's Announcement - The decision reflects China's readiness to engage in future negotiations without relying on the same policy space as other developing members, particularly in areas like goods trade, services, intellectual property, and e-commerce [4][12] - This move is seen as a way to provide greater convenience for other developing members and open new avenues for negotiations based on multilateral rules [6][12] - China's historical context shows that it has enjoyed less SDT compared to other developing countries, indicating a nuanced approach to its role within the WTO [6][12] Group 2: China's Development Status - Despite the announcement, China retains its status as a developing country, which aligns with WTO rules and reflects its ongoing development challenges [16][17] - The retention of this status allows China to advocate for the interests of the Global South, emphasizing its commitment to maintaining a voice for developing nations in international trade [17][18] - China's development level, while significantly improved, still shows disparities when compared to developed economies, justifying its position as a developing country [16][17] Group 3: Impact on WTO Reform - China's declaration is expected to inject new momentum into WTO reform efforts, addressing existing challenges such as restoring negotiation functions and enhancing trade review mechanisms [21][22] - The commitment to forgo new SDT may encourage other nations, particularly developed ones, to return to the negotiation table and foster trust in multilateralism [21][22] - This strategic choice aligns with China's broader goals of high-level openness and adherence to international trade standards, as seen in its participation in regional trade agreements like RCEP and potential CPTPP membership [21][22]

Core Viewpoint - China has committed to not seeking new special and differential treatment in current and future World Trade Organization (WTO) negotiations, reflecting its role as a responsible developing country and supporting a more balanced and fair global trade system [1][2]. Group 1: China's Commitment - China's decision aligns with its development stage and acknowledges its position as the world's second-largest economy and the largest goods trading nation [1]. - The commitment is seen as a significant step towards supporting the multilateral trading system amid rising unilateralism and protectionism [2][3]. Group 2: WTO's Response - The WTO welcomed China's announcement, highlighting it as a critical moment for the organization, which faces challenges from hegemonism and trade wars [2]. - WTO Director-General Ngozi Okonjo-Iweala emphasized the urgency of reforming the WTO to ensure the interests of developing and least developed members are prioritized [2]. Group 3: Implications for Global Trade - China's decision serves the WTO reform agenda and sends a strong signal in support of necessary reforms [3]. - As the largest developing country, China's proactive stance is expected to foster consensus on WTO reforms and contribute to achieving significant outcomes in multilateral trade negotiations [3].