China's announcement that it will not seek new special and differential treatment in current and future World Trade Organization (WTO) negotiations demonstrates its firm commitment to safeguarding the multilateral trading system, a senior commerce official said Wednesday. The announcement, which was made at a high-level meeting on the Global Development Initiative Tuesday in New York, is an important statement of position made by China in light of both international and domestic situations, Li Chenggang, China international trade representative with the Ministry of Commerce and vice minister of commerce, said at a press conference. Li stressed that the announcement will provide a strong boost for the liberalization and facilitation of global trade and investment, and will inject positive momentum into the reform of the global economic governance system.