Report Summarizes China's Implementation of WTO Obligations

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Last updated at: (Beijing Time) Wednesday, April 09, 2003

Report Summarizes China's Implementation of WTO Obligations

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China strictly implemented its obligations upon entry into the World Trade Organization in 2002, having efficiently completed tasks in the fields of cargo trade, service trade, intellectual property rights and investment, according to a book titled "China WTO Report - 2003" published Wednesday.

China cut its average tariff rate from 15.3 percent to 12 percent on the first day of 2002, and saw a further drop to 11 percent this year, with some duties on information and technology imports canceled.

The Chinese government made amendments to its laws, regulationsand other policies concerning service trade, the report says, noting 14 sets of laws were modified, 37 sets of administrative regulations were modified or formulated, and 1,000-plus pieces of departmental regulations were formulated, rectified or repealed.

China made important adjustments to its major intellectual property right laws, including laws concerning patents, trademarks and copyright, the report says. Relevant provisions have basically met the demand from Trade-Related Intellectual Property Rights agreement, it says.

The report was composed by the China Society for WTO Studies, a nationwide, non-governmental academic institution engaged in WTO studies.

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