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China Establishes WTO-related Organizations
The Ministry of Foreign Trade and Economic Cooperation (MOFTEC) will set up three new entities to deal with issues related to the World Trade Organization (WTO), according to MOFTEC sources.
The Department of WTO Affairs, the China-WTO Notification Enquiry Center and the Fair Trade Bureau for Import and Export will begin their work from November 1, a MOFTEC official said Wednesday.
The Department of WTO Affairs is mainly in charge of regular negotiations within the WTO framework and China's relations with the global trade rule-making body, the official said.
The China-WTO Notification Enquiry Center is responsible for China's regular notification and enquiry as well as the deliberation over trade policies.
The Fair Trade Bureau for Import and Export works on anti-dumping, anti-subsidy and protective measures, and coordinates China's response to foreign anti-dumping suits.
With China's WTO entry imminent, the establishment of the three organizations marks China's close attention to the WTO and will help guarantee a balance of China's rights and obligations in the global body's framework, he said.
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