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White Paper June 28, 2018
Contents
The State Council Information Office of China published a white paper titled "China and the World Trade Organization" on June 28, 2018.
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June 28, 2018
Foreword
In 1978, China started the historic process of reform and opening-up. This is a glorious chapter in the development epic of the country and the nation composed by the Chinese people, recording the great journey of common progress of China and the rest of the world. It has not only profoundly changed the country, but also greatly influenced the whole world.
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June 28, 2018
I. China Has Faithfully Fulfilled Its WTO Accession Commitments
Since China acceded to the World Trade Organization in 2001, it has made continued efforts to improve its socialist market economy system, further align its policies with multilateral trade rules in all areas, honor its commitments on opening trade in goods and services, and strengthen intellectual property rights (IPR) protection.
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June 28, 2018
II. China Firmly Supports the Multilateral Trading System
The multilateral trading system with the WTO at its core is the cornerstone of international trade, and has been playing a pivotal role in promoting global trade and building an open world economy. Since its accession to the WTO, China has firmly supported the multilateral trading system, participated in all aspects of WTO work.
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June 28, 2018
III. China's Significant Contribution to the World After Accession to the WTO
From its WTO accession in 2001 to the Belt and Road Initiative in 2013, China has embraced the world with open arms, made a significant contribution to promoting international trade and increasing global wellbeing, and become a key anchor and driver for the world economy.
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June 28, 2018
IV. China Is Actively Advancing Opening-Up to a Higher Level
Fulfilling China's WTO commitments has never been the end point of its opening-up. In the face of the overwhelming trend of economic globalization and its winding path, China keeps pace with the times, takes firm steps to expand opening-up, and makes continuous efforts to open up in a more comprehensive, profound and diversified way, with a view to achieving greater mutual benefit and win-win outcomes.
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June 28, 2018
Conclusion
The world is undergoing a new round of major development, great change and profound readjustment. The mankind still faces growing uncertainties and destabilizing factors. Surging tides of anti-globalization in recent years, coupled with rising protectionism and unilateralism, have posed severe challenges to the multilateral trading system with the WTO at its core.