[Official from the Department of International Trade and Economic Affairs of the Ministry of Commerce Introduces the Implementation of the China-Peru Free Trade Agreement Upgrade Protocol] Jinshi Data, November 1st – The implementation of the Upgrade Protocol is a concrete action by China to firmly uphold the rules-based multilateral trading system, demonstrating China's commitment to working with other countries to safeguard multilateralism and free trade through free trade negotiations. The implementation of the Upgrade Protocol will also promote China-Peru economic and trade relations, enrich the content of the comprehensive strategic partnership between the two countries, create a more favorable business environment and trade and investment cooperation opportunities for enterprises of both sides, and bring more tangible benefits to the people of both countries.