China and the World Trade Organization

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.

Economic globalization has powered global growth and is an irreversible trend of our times. China and the multilateral trading system stand together through thick and thin. China will continue to fulfill its commitments, comply with rules, actively participate in the improvement of the multilateral trading system, and give firm support to the WTO in playing a greater role in global economic governance.

China’s economy has been transitioning from rapid growth to high-quality development. In this historic process, China will pursue with firmness the vision of innovative, coordinated, green, and open development that is for everyone, improve the socialist market economy system, and stimulate the vitality of various market entities.

China will take innovation as the primary driving force for development. China will adopt a more open attitude, strengthen the protection of innovation and intellectual property rights, and enhance international exchanges and cooperation. These efforts will ensure that technological development and innovation benefit not only China, but also the world, and its convenience readily accessible to more and more people.

China calls on all countries to jointly shoulder the responsibilities of our times and believes that all countries should have equal access to development opportunities. As the largest developing country in the world, China looks forward to further cooperation and communication with other countries to jointly respond to global issues that emerge in the process of globalization, and to building a global economic governance system based on equality, equity and win-win cooperation.

China commits itself to opening up wider and deeper to promote common development across the world, providing other countries with more opportunities to share the benefits of China’s development. China is willing to work hand-in-hand with its global trading partners to make economic globalization more open, inclusive, balanced and win-win with benefits to all so that different countries, different social strata and different groups of people all share in the benefits of economic globalization.