China to Fulfill WTO Commitments: Minister

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Last updated at: (Beijing Time) Tuesday, March 26, 2002

China to Fulfill WTO Commitments: Minister

China is confident and capable of fulfilling its commitments for World Trade Organization membership, Minister of Foreign Trade and Economic Cooperation Shi Guangsheng said Monday in Beijing.

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China is confident and capable of fulfilling its commitments for World Trade Organization membership, Minister of Foreign Trade and Economic Cooperation Shi Guangsheng said Monday in Beijing.

China has done effective work in amending laws, reducing tariffs, enhancing policy transparency and protecting intellectual property rights, Shi said at

China Development Forum 2002 (Chinese version)

the China Development Forum 2002.

China has issued regulations regarding telecommunications, insurance, finance, and audio and video product distribution, according to the minister.

China will continue to reduce tariffs and provide accurate and reliable trade policy information for enterprises and individuals, he said.

Fulfilling WTO Commitments a Priority

Senior officials said on Sunday the government will make more efforts to fulfill its World Trade Organization (WTO) commitments.

In the coming five years, China will open its goods market, which will provide trade partners a share of US$1.5 trillion. The further opening up of the service and trade market will also bring new fields for foreign investment.

China will continue its WTO commitments and expand areas of opening up step by step, he stressed. In Detail

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