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BEIJING, Nov. 29 (Xinhua) -- Economic globalization is the trend of the times, and efforts should be made to safeguard global free trade and the multilateral trade system, China's Ministry of Commerce (MOC) said Thursday.
China has taken coordinated efforts this year to stabilize growth, propel reform and prevent risks and ensured the economy to perform stably on a high base, Li said. "New growth drivers are robust, and employment goals are fulfilled ahead of schedule."
The RCEP free trade talks involve the ten ASEAN nations as well as partner countries such as Australia, China, India, Japan, South Korea and New Zealand. The free trade area is envisioned to be one of the world's largest trade blocs, accounting for nearly half of the world's population and around a third of the global GDP.
The meeting also discussed how to better leverage the government-managed guarantee funds to make more financial resources available to micro and small companies. It was decided at the meeting that supporting agricultural and rural development as well as small companies shall be the primary business of all government-managed guarantee and re-guarantee institutions, with a priority given to those micro and small firms as well as entities engaged in agricultural and rural development with a guarantee volume of up to five million yuan per entity.
Both China and Indonesia are major developing countries and emerging economies and they share similar position in many fields, said Xi, adding that the Chinese side is willing to maintain high-level communication with Indonesia and guide the development of bilateral ties from a strategic height and long-term perspective.
来源：资阳报