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Sunday, April 21, 2002, updated at 12:39(GMT+8)

China Embraces WTO
China's Permanent Mission to WTO Inaugurated
China to Become One of Largest Economies in 50 Years: Supachai

The World Trade Organization (WTO)'s next director-general Supachai Panitchpakdi has predicted that if everything goes well after China's WTO entry, the country will become one of the two or three largest economies in half a century,the Nation TV Channel reported Saturday in Bangkok.

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China to Become One of Largest Economies in 50 Years: Supachai
The World Trade Organization (WTO)'s next director-general Supachai Panitchpakdi has predicted that if everything goes well after China's WTO entry, the country will become one of the two or three largest economies in half a century,the Nation TV Channel reported Saturday in Bangkok.
 


Chinese Buy More Luxury Cars after WTO Entry
The first quarter of this year saw 2,000 Mercedes-Benz cars sold in the Chinese mainland and Hong Kong, the company's best quarterly sales performance in the region. Analysts attributed the situation to the Chinese people's fondness for brand products plus a big cut in import tariffs this year.
 


Roundup: China Implements WTO Promises Steadily
The Chinese government is making swift progress in implementing its commitments to the World Trade Organization (WTO) since its accession at the beginning of 2002. Besides, China has rectified and relinquished laws and provisions that are contradictory to WTO rules.
 


WTO Tests Central, Local Governments
China's accession to the World Trade Organization (WTO) will be a stern test of the central and local governments for their policy making, relationships with enterprises, make-up and philosophies, prominent Chinese economists said over the weekend in Beijing.
 


China Reduces Tariff Levels
China has cut the average tariff level of over 5,000 imported goods from 15.3 percent to 12 percent from the beginning of this year.
 


Fulfilling WTO Commitments a Priority - Officials
Senior officials said on Sunday the government will make more efforts to fulfill its World Trade Organization (WTO) commitments. In the coming five years, China will open its goods market, which will provide trade partners a share of US$1.5 trillion. The further opening up of the service and trade market will also bring new fields for foreign investment.
 


China Talks with US, Calls for Exemption of Safeguard Tariffs
China held key talks with the United States on the controversial US safeguard tariffs on steel imports in Washington over the weekend, demanding exemption or compensation in accordance with World Trade Organization (WTO) rules.
 


China to Further Open Agricultural Market
China will further open its agricultural markets under the WTO to increase produce exports, Agriculture Minister Du Qinglin said Sunday.
At the 2002 annual China Development Forum, which opened here Sunday morning, Du pointed out that further opening China's farm product market may offer larger scope for WTO members to allocate and share resources.
 


WTO Entry Influence on PLA Officers and Men: PLA Daily
A study report recently released by PLA Daily shows the great ideological influence of China's WTO entry on PLA officers and men. Ideologically speaking, new impacts will be felt and this is inevitable after China's WTO entry, said the report. The influence will be in four aspects, both positive and negative, as was told by the report when it goes into an analytic study of the problem of ideology facing Chinese PLA.
 


China's First Year WTO Fees Set to be US$3 Million
The cost of China's membership in the World Trade Organization (WTO) is US$3 million this year, according to a senior Chinese trade official.
 


Chinese Company Appeals to WTO Over Alleged Windshield Dumping in US
The US International Trade Commission decided on March 19 by a 3:2 vote to raise from next month tariff on windshields imported from China by 3 percent to 124 percent.
 


Judicial Reform Meets WTO Rules
The Supreme People's Court, the country's highest-level court, assigned the right of handling commercial cases involving foreigners to some middle-level courts. The order took effect on March 1.
In line with China's World Trade Organization (WTO) membership, the new order is an example of judicial reforms that will help China conform to the WTO principle of "non-discrimination."
 


China Files First WTO Complaint Against US
China Thursday applied to the World Trade Organization (WTO) to arrange talks with the United States on US tariffs on steel imports, according to the Ministry of Foreign Trade and Economic Co-operation (MOFTEC). This is the first Chinese complaint to the WTO after it became a member of the world trade body last December.
 


WTO Entry to Help Expand Cross-Straits Ties
The entry into the World Trade Organization (WTO) of both the People's Republic of China and the Chinese Taipei in the name of "Separate Customs Territory of Taiwan, Penghu, Jinmen and Mazu" has put them under the same trade rules, making it inevitable for the two sides of the Taiwan Straits to find out better ways to deal with each other and work for common development.
 


WTO Entry Has Far-Reaching Effect on China's Resource Management
China's accession into the World Trade Organization (WTO) will have a broad and far-reaching influence on the management of the country's land and resources, minister of land and resources Tian Fengshan said in Beijing Sunday.
 


News Analysis: WTO Entry to Boost Economic Growth in China
China's entry into the World Trade Organization (WTO) is expected to usher in a new round of economic growth amid some pains from reform and readjustment in the first year of its WTO membership, economists said.
 


NPC Deputy Warns of Brain Drain After WTO Entry
Chinese enterprises should be fully aware of the challenge of losing talented people to foreign-funded companies now that China is a member of the World Trade Organization (WTO), said a deputy to the National People's Congress (NPC).
 


Chinese Experience Gains, Pressure from WTO Membership
People in China are experiencing both gains and pressure arising from the nation's accession to the World Trade Organization (WTO) last October, something they have been talking about for years.
 


Premier Calls for Wider Opening After WTO Entry
Premier Zhu Rongji has called for adapting to the new situation following China's entry into the World Trade Organization (WTO) and opening wider to the outside world.
 


Insurance Law Should Be Fixed to Meet WTO Challenges: NPC Deputy
China's Insurance Law should be amended to get in line with international practices and adapted to the new conditions after China becomes a full member of the World Trade Organization (WTO), said He Jingzhi, deputy to the Ninth National People's Congress (NPC), the top legislature of the country.
 




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