China and the US signed an agreement on market access concerning China's entry into the World Trade Organization (WTO) in Beijing November 15 afternoon.

Chinese Minister of Foreign Trade and Economic Cooperation ( MOFTEC) Shi Guangsheng and US Trade Representative Charlene Barshefsky signed the agreement on behalf of their respective governments.

The document said that the two sides have agreed on terms and conditions of access to China's market, including specific commitments on industrial goods, agricultural products and services.

In addition, the document said that the two governments have reached bilateral agreement on provisions relating to the application of rules relating to access to each other's markets.

(Xinhua)