Connect with us


China has fulfilled its WTO commitments – Ministry



China has fulfilled its WTO commitments – Ministry

China has fully and effectively fulfilled its commitments to the World Trade Organization, the WTO, and has achieved wide recognition from the vast majority of WTO members, the trade ministry said Thursday.

Since joining the WTO in 2001, China has made vigorous efforts to align with WTO rules, open up its market and abide by the rules, said Wang Shouwen, Chinese vice minister of commerce, at the meeting. a press conference on the eighth trade policy review of the WTO. from China.

Wang said China has received full recognition from WTO Director General Ngozi Okonjo-Iweala and the vast majority of WTO members, who is also China’s deputy representative for international trade.

He added that China’s overall tariff level has fallen from 15.3% when China entered the WTO to 7.4% currently, lower than all developing members and close to that of developed members of the WTO.

Xinhua / NAN

Short Link:

NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. We are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and we strive diligently to ascertain the truth in every news report. Contact: editor @ Disclaimer.