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Monday, October 08, 2001, updated at 13:55(GMT+8) | ||||||||||||||
China | ||||||||||||||
WTO Entry Touches Beijing's National Day CelebrationBeijingers, still happy after gaining hosting rights for the 2008 Olympics, have just celebrated a seven-day holiday giving them a taste of what is to come when China enters the World Trade Organization (WTO).Large book stores in the capital reported record sales of books and materials relating to WTO during the holiday. He Yuheng, an information engineer searching out books relating to international market and human resources, said that people must keep pace with the country's policy changes in catering to the WTO entry. Sources say that a large proportion of local young people chose to read books and take professional classes during the National holiday, which occurred between October 1 and 7 this year. Zhongguancun, dubbed "China's silicon valley", has welcomed an unexpected boom as customers swarmed to the area to buy computer-related items during the holiday. Computer salespeople said that Zhongguancun used to close during long holidays but had to alter this practice in order to satiate customers' desire for digitalization, kindled somewhat by the WTO entry. Changes are quietly taking place everywhere in the fast-developing metropolis of Beijing. A local government stipulation which took effect Sunday, focuses on the standardization of regulations to help local privately-owned enterprises, who will compete with businesses from various countries. Wang Zhile, an expert from the Ministry of Foreign Trade and Economic Cooperation, said that it is very important for organizations and individuals to understand relevant international rules and be prepared for policy adjustments when the country enters WTO. Wang Mingyu, a sociologist, said that WTO entry will allow China a larger platform to promote Chinese culture, which will become more well none and attract more attention around the world in the near future.
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