Lecture on China's WTO Entry

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Last updated at: (Beijing Time) Friday, November 23, 2001

Lecture on China's WTO Entry

Some 3,500 Party and government officials and army officers in Beijing attended a lecture Friday on China's accession into the World Trade Organization (WTO) given by Shi Guangsheng, minister of Foreign Trade and Economic Cooperation (MOFTEC).

The lecture was sponsored by the Ministry of Publicity, the Work Committee of Departments under the Central Committee of the Communist Party of China, the Work Committee of State Organs, the General Political Department of the People's Liberation Army and the Beijing Municipal Communist Party Committee.

Shi said that China's WTO entry will help create a more favorable economic and trade environment for the country internationally, while the rules of WTO embodying the general rules in a market economy would in turn accelerate China's reform and opening-up. One of the principal objectives of WTO is to promote free trade and investment.

Therefore, the organization would inevitably play a leading role in gearing up the economic globalization, the minister said. Trade handled by WTO members accounted for 96 percent of the international trade. He reviewed China's 15 years of endeavor to negotiate for entering the WTO, saying that these efforts have helped invigorate the country's opening-up reform and enhance China's overall national strength.

The policies drawn by the Chinese government for the WTO entry over the years have worked to guarantee China's interests in the global competition, Shi pointed out. He also briefed the audience on issues discussed at the 4th WTO Ministerial Meeting in Doha recently.

Head of Chinese Delegation on China's Entry into WTO

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