continue adhering to the fundamental national policy of reform and opening-up. China will more proactively embrace economic globalization, adopt policies to promote high-standard liberalization and facilitation of trade and investment, and work together with other countries to build a community of shared future with extensive converging interests and a high degree of interdependence. The Chinese government is publishing this white paper to give a full account of China’s fulfillment of its WTO commitments, to explain China’s principles, stances, policies, and propositions regarding the multilateral trading system, and to describe China’s vision and actions in advancing higher-level reform and opening-up.
I. China Has Faithfully Fulfilled Its WTO Accession Commitments
Since China acceded to the World Trade Organization[1] 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. Remarkable improvements have been made in enhancing the stability, transparency, and predictability of its opening-up policies. China has contributed significantly to the effective operation of the multilateral trading system.
1. Improving the socialist market economy and relevant legal system
Consistently reforming to develop the socialist market economy. China has accelerated efforts to improve the socialist market economy system and strengthen the market system. This has involved reorganizing the relationship between the government and the market, letting the market play the decisive role in resource allocation and the government play its role better. Education campaigns on WTO rules have been extensively rolled out, raising public awareness of the market, competition, rules and the concept of rule of law.
Continuously improving the legal system of socialist market economy. Upholding the rule of law, China has faithfully observed and implemented WTO rules,
- ↑ China's Hong Kong Special Administrative Region, Macao Special Administrative Region, and Taiwan Province all became members of the WTO as separate customs territories at different times, the cases of which are not discussed in this white paper.
