Chinese vice-premier meets Wal-Mart president

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Last updated at: (Beijing Time) Friday, October 31, 2003

Chinese vice-premier meets Wal-Mart president

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China will fulfill its commitmentsto the World Trade Organization, further open up its commercial sector, and support multinational companies to expand their business in the country, a senior official said Thursday.

Vice-Premier Wu Yi made the remarks when meeting with Lee Scott,president and CEO of Wal-Mart Stores Inc. of the United States.

Wu congratulated Wal-Mart on ranking first among the world's top 500 companies selected by Fortune magazine, expressing appreciation for the company's efforts in promoting Sino-US trade and economic cooperation and hoping Scott will make more contributions to the cooperation.

Scott expressed admiration for China's achievements since the reform and opening-up, saying Wal-Mart will go on propelling the two nations' friendship and cooperation. He added that he sincerely hopes China will make more achievements in its economic development and social progress.

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