China's CPTPP move seen as good for world

Cargo being unloaded from a container ship at the container terminal of the Lianyungang Port in East China's Jiangsu province, on Jan 14, 2021. - Xinhua

BEIJING (China Daily/Asia News Network): China's formal application on Thursday (Sept 16) to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or the CPTPP, is the latest proof of the country's higher-level opening-up and shows its resolve to make greater contributions to the world economy, experts and government officials said on Friday.

On Thursday, China's Commerce Minister Wang Wentao submitted the application via a letter to Damien O'Connor, minister for trade and export growth of New Zealand, which is the depositary for the CPTPP.