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White paper on China and WTO released

Updated: Jun 28,2018 3:22 PM     Xinhua

BEIJING — China’s State Council Information Office released a white paper titled “China and the World Trade Organization” on June 28.

The Chinese government is publishing this white paper to give a full account of China’s fulfillment of its World Trade Organization (WTO) commitments, to explain China’s principles, stances, policies, and propositions regarding the multilateral trading system, and to describe China’s vision and actions in advancing higher-level reform and opening-up, according to the white paper.

“China has comprehensively fulfilled its commitments to the WTO, substantially opened its market to the world, and delivered mutually beneficial and win-win outcomes on a wider scale,” it said.

“Through these efforts, China has lived up to its responsibility as a major country,” it said, adding China firmly supports the multilateral trading system and has made significant contribution to the world after its WTO accession.

China acceded to the WTO in 2001. This was a milestone in China’s integration into economic globalization, marking a new historic stage of reform and opening-up.

Over the past 40 years, China has been adhering to the fundamental national policy of reform and opening-up and pursuing development with its door wide open. A model of all-around, multilevel, and wide-ranging opening-up has gradually taken shape.