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WTO gets assurances from China

By Zhong Nan?and Ren Xiaojin | China Daily | Updated: 2018-06-29 05:44
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Aerial photo taken on May 4, 2018 shows the Qianwan Container Terminal in Qingdao, East China's Shandong province. [Photo/Xinhua]

The documents provide ample examples and data showing what China has done to observe and uphold WTO rules. They fully demonstrate support for a multilateral trading system that is open, transparent, inclusive and nondiscriminatory.

The white paper shows China has been an active participant, strong supporter of and major contributor to the multilateral trading system.

"China has not only honored its WTO entry commitments, but also pushed itself to go much further in the scope and depth of opening-up," said Song Hong, an international trade researcher at the Chinese Academy of Social Sciences.

Further opening-up in more key sectors will surely benefit the country as well as the global economy, given the vast size of the Chinese market and the great potential of the country's innovation industry and high-end manufacturing sector, said Yang Weiyong, an economics professor at the University of International Business and Economics in Beijing.

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