BEIJING, June 4 (Reuters) - China supports discussions on fair competition, including restricting industrial subsidies that distort market competition and enhancing policy transparency, Li Chenggang, China's vice commerce minister and international trade representative, said.

• Li made the remarks on Wednesday at a World Trade Organization meeting in Paris attended by representatives from over 20 economies including the U.S. and EU, a Chinese statement said on Thursday.

• An Organisation for Economic Co-operation and Development report this week said government subsidies to industry had reached their highest level since the global financial crisis, driven largely by China.

• China's commerce ministry earlier on Thursday rejected the report, saying its policies on industrial subsidies "strictly comply" with WTO rules.

• At the meeting, Li called for more flexible and inclusive decision-making to advance plurilateral initiatives within the WTO's multilateral framework.

• China supports reaching a multilateral consensus as soon as possible on extending the moratorium on customs duties on electronic transmissions, he told the meeting.

• On the sidelines, Li met trade officials from the EU, UK, and Switzerland, among others, the commerce ministry statement added without providing further details.

• Last week, the European Commission called its trade and investment relationship with China unsustainable, as the bloc seeks ways to shield European industries from surging Chinese imports.