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MOFCOM: USTR report on China's WTO compliance contrary to the facts

(CNTV)    10:38, February 07, 2019

The report of the U.S. Trade Representative's (USTR) office on China's World Trade Organization (WTO) compliance is contrary to the facts, China's Ministry of Commerce (MOFCOM) said in a statement Tuesday.

The ministry said the accusations made in the report against China are beyond the country's commitment to the WTO and are without merits.

The report claimed that the world's second-largest economy "presents unique and serious challenges for members of the WTO and the multilateral trading system" and fails to settle on "open, market-oriented policies."

MOFCOM noted that following its accession to the WTO, China earnestly fulfilled its commitments by refining the socialist market economy and legal system, beefing up transparency in its trade policy and opening up, as well as strengthening law enforcement on intellectual property rights (IPR) protection.

"The overwhelming majority of WTO members praised China's policy direction and development, and the contribution to the multilateral trading system during the seventh WTO review of the country's trade policies in Geneva," added MOFCOM.

"China also acts as a staunch advocate for the multilateral trading system and an active participant in the reform of the WTO."

China firmly opposes unilateralism and protectionism and is committed to spurring the development of economic globalization in a more open, inclusive, balanced and win-win way, according to MOFCOM.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Du Mingming, Bianji)

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