Representing the WTO at the meeting, DDG Wolff said:

“The times call for enhanced multilateral co-operation to promote openness and in doing so to achieve robust, sustained growth in the world economy — growth that is environmentally sustainable and inclusive.

“It is time to plan for systemic reform to update the trading system and to improve its governance. This includes its rulemaking capabilities, how to resolve disputes more expeditiously with fully acknowledged legitimacy, and how the members and their Secretariat can better provide management of a much larger trade institution.

“The WTO's 12th Ministerial Conference in Kazakhstan in June 2020 is an obvious landmark for all these conversations … We have an opportunity to make some essential changes to the trading system so that it can better serve the global community now, and in the years to come.”

The full text of DDG Wolff's remarks are available here.

At the end of the meeting, a joint press release was issued.

At the closing press conference, DDG Wolff thanked Premier Li for hosting the discussion and for expressing support for the multilateral trading system. DDG Wolff's full remarks are available here.