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2/4, 8:56 AM (Source: TeleTrader)
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China carrying out studies on joining CPTPP - ministry

China is performing studies in order to assess its options in regard to the membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the country's Ministry of Commerce (MOFCOM) announced on Thursday.

Ministry added that Beijing "will consider joining the CPTPP in line with the requirements of establishing of a new development pattern to boost economic globalization and regional economic integration," as translated by the Global Times.

The latest statement falls in line with MOFCOM's recent announcement that China will try to "widen its free trade network" and pursue more free trade agreements across the world.

Breaking the News / BU