China WTO Report---2004--2005

Author: None
Publisher:
Publish Date: 2006-03-15
Features: Taking the WTO rules as a starting point, it strengthens the research on economic globalization and the modern market economy.
—Long Yongtu, Secretary-General of the Boao Asia Forum and former Chief Negotiator of China for the WTO
Many of its contents have inspired us, prompting further reflection and summary.
—Sun Zhenyu, Permanent Representative and Ambassador of China's Permanent Mission to the WTO
We are very grateful for the work and activities carried out by the China WTO Research Center and other Chinese institutions in popularizing WTO knowledge.
—Dr. Supachai Panitchpakdi, Director-General of the WTO
On the occasion of the 10th anniversary of the WTO and the 3rd anniversary of China's entry into the WTO, the China WTO Report 2004-2005, edited and published by the China WTO Research Center, has been released. In summary, the achievements of the WTO over the past 10 years can be summarized as follows:
First, it successfully implemented multilateral trade agreements, significantly advancing global trade liberalization. According to the Agreement Establishing the WTO, the primary function of the WTO is to manage and implement multilateral trade rules, such as those from the Uruguay Round.
Second, it hased new multilateral trade negotiations, introducing many new trade liberalization agreements. A prominent example is the successive conclusion and implementation of agreements such as the Agreement on Movement of Natural Persons, the Agreement on Information Technology Products, the Agreement on Basic Telecommunications, and the Agreement on Trade in Services.
Third, it has conducted continuous and regular reviews of the trade policies of WTO members, achieving the regular and institutionalized supervision of trade policies of all members.
Fourth, it has resolved trade disputes between WTO members in a fair and reasonable manner, avoiding unilateralism and bullying in trade disputes.