Latest News:  
Beijing   Sunny    8 / -3   City Forecast

People's Daily Online>>Foreign Affairs

Multilateral trading system dialogue

By Louise Ho (Shanghai Daily)

12:08, November 20, 2011

China should actively engage in multilateral trading system discussions as it is facing increasing challenges in global trade, said officials and scholars at a World Trade Organization forum yesterday in Shanghai.

While China's accession to the WTO since 2001 has greatly benefited its economic development, a multilateral trading system has brought the country many challenges.

China has received the most anti-dumping investigations and has become the target of international trade protectionism, said Zhao Qizheng, director of the Committee for Foreign Affairs of the Chinese People's Political Consultative Conference.

Although China is faced with more anti-dumping lawsuits, Li Chenggang, director of Department of Treaty and Law at Ministry of Commerce, said unlike 10 years ago, China can now face multilateral trade disputes with ease.

Henry Levine, who was US Consul General in Shanghai when China joined WTO, said mistrust between the US and China is still "very real."

There are concerns in the US whether reform and opening is slowing down in China, he said, although major companies remain committed to strong relations between the two countries.

Both the US and China should work to restore the spirit that China's policy of reform and opening continues, Levine said.

Speakers at the forum on the 10th anniversary of China's accession to the WTO, also said the organization's biggest priorities are to finish the Doha round of negotiations and protect the multilateral trading system.

Reform of the WTO is imminent in a changing global economic environment, speakers also noted.


Leave your comment0 comments

  1. Name


Selections for you

  1. NASA releases sharpest moon map ever

  2. China sends two satellites into space

  3. French Air Force aerobatic team perform in Doha, Qatarc

  4. Gold products promoted before the Year of Dragon

Most Popular


  1. East Asia not U.S. playground
  2. 'Wolf dad' stirs debate over 'stick parenting'
  3. Use of force in Iran, Syria not so simple
  4. US Asia-Pacific strategy brings steep price
  5. How climate change will affect China
  6. Philippines walking a very fine line
  7. Occupy movement must find global answers
  8. Gold prices likely to rise, not fall next year
  9. RMB appreciation will not ease US troubles
  10. Australia could be caught in Sino-US crossfire

What's happening in China

All Family Here

  1. Foxconn pledges no layoffs in 2012
  2. Cheaper cars for officials
  3. Car plate prices drop 1st time this year
  4. 4 dead, 1 missing after N China coal mine cave-in
  5. Beijing chengguan banned from chasing vendors

PD Online Data

  1. Yangge in Shaanxi
  2. Gaoqiao in Northern China
  3. The drum dance in Ansai
  4. Shehuo in Baoji City
  5. The dragon dance