China is not seeking a trade surplus, vice premier says

Ding promotes multilateralism and warns against protectionism

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Chinese Vice Premier Ding Xuexiang speaks during the 55th annual World Economic Forum in Davos, Switzerland, on Jan. 21. © Reuters

DAVOS, Switzerland (Reuters) -- China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.

Addressing the 55th annual World Economic Forum meeting in Davos, Switzerland, Ding said economic globalization was a process of mutual benefit and shared progress.

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