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China advocates free trade and also fair trade, the premier said. Problems arising from globalization and free trade should be treated in the perspective of long-term development and solved with further reforms and adjustments. However, fundamental rules of multilateralism and free trade should not be violated, he said.
China and neighboring countries adopt common aspirations of peaceful development, win-win cooperation, openness, inclusiveness and communication among cultures, while abandoning confrontation and conflict, a zero-sum game mentality, exclusiveness and a clash of civilizations mindset, he said.
China and Panama signed 19 cooperation documents covering such areas as finance, agriculture, trade and tourism in a ceremony witnessed on Friday by the presidents of the two countries.
China and France, both permanent members of the UN Security Council, shoulder the responsibility of safeguarding world peace and stability in the current volatile international situation, Wang said, stressing that the two countries both adhere to independence, advocate multilateralism and promote an open world economy.
China National Petroleum Corp (CNPC), the country's largest oil and gas company, reported a year-on-year increase of 1.4 percent in crude oil production during the first half of 2019, having recorded four years of declining output.