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Legal Sector Brace For WTO
China's lawmakers are busy checking the countrys's trade laws, regulations and policies to see if they conform to the Wrold Trade Organization rules.
In an interview with China Daily, Chinese Foreign Trade Minister Shi Guangsheng said all laws, regulations and policies concerning foreign trade and investment will be reviewed for possible revision and even repeal.
The minister said revised drafts of three laws on foreign-invested joint, cooperative and wholly-owned ventures have been submitted to the State Council.
And drafts on new laws, including the anti-dumping and anti-subsidy codes, are ready for submission.
Shi Guangsheng also said that all industries and sectors in the country are examing possible measures to meet challenges and not miss opportunities brought by entry into the WTO.
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