"China will open doors wider to the world. China will not erect market barriers, but will expand access to the Chinese market," Wang said.
The foreign minister emphasized that China has given other states an opportunity for joint development by offering its huge market.
China is confident, Wang continued, that it can maintain the momentum and now the government will expedite its efforts to develop an advanced economic system.
READ MORE: China, US Can Compete While Avoiding 'Cold War State of Mind' — Beijing
Wang also said China has done more than expected on tariff reduction when it joined the World Trade Organization (WTO).
US vs China: Trade War
US President Donald Trump in a speech to the General Assembly earlier in the week called for a reform of the WTO because, in his opinion, the members have abused the organization. Trump also criticized the world trading system as ineffective and unfair to the United States.
"China will not be blackmailed or yield to pressure," Wang said.
The United States and China have engaged in a trade war this year as US President Donald Trump, who had repeatedly pledged to fix the US $500 billion trade deficit with China, imposed tariffs on Chinese goods. Since then, the two sides have exchanged several rounds of import duties on each other.