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WTO head: China has delivered an A+ performance since entering WTO

(Xinhua)

08:19, October 19, 2011

CHENGDU, Oct. 18 (Xinhua) -- China has delivered an "A-plus performance" since the Asian economic powerhouse entered the World Trade Organization in 2001, WTO Director-General Pascal Lamy said Tuesday in China.

"In the past 10 years, overall, China has applied the rules, although not 100 percent," Lamy said in a speech at Sichuan University. He is on a tour of the southwestern city of Chengdu, Sichuan Province, where a western China international fair is being held.

China's entry into the trade bloc has benefited not only China, but also the entire world, he said, adding that "the result is a win-win situation where China has received a lot from international trade and other WTO members have also got a lot from the opening of China."

Lamy's comments echoed those of Premier Wen Jiabao, who said last week that after its accession to the WTO, China received a great economic boost and its overall competitiveness had been greatly improved.

"Many countries around the world have also gained tangible benefits," Wen told a forum on the 10th Anniversary of China's accession to the WTO, which was held on the sidelines of the 110th Canton Fair in southern Guangdong province.

Over the past 10 years, China has imported an annual average of 750 billion U.S. dollars worth of goods and created more than 14 million jobs for its trading partners, according to official statistics.

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