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LOS ANGELES, Dec. 14 (Xinhua) -- The phase-one economic and trade agreement announced by the United States and China is "very encouraging," Stephen Cheung, president of the World Trade Center Los Angeles (WTCLA), said Saturday.
They should also inspire and guide Party members and officials, especially chief leaders to rise to challenges and face the tests posed by the current situation, it said.
The country also pledged to continue to lower tariffs and institutional transaction costs, develop demonstration zones to promote import trade by creative means, and import more high-quality goods and services from around the world.
Mamau said it is based on trust and confidence in China that Kiribati made the important decision to restore diplomatic ties with China.
In doing so, the nation has proved that a developing country with a huge population is capable of climbing up the ladder of development through structural reform, opening up and technological advancement.
来源：资阳报