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China's Position on Issues Related to Its Accession to the World Trade Organization on 11 December 2001

2001/11/12


(12 December 2001)

1)China's Accession to the WTO

China formally became the 143rd member of the World Trade Organization on 11 December 2001. It has been a forward-looking decision made by the Chinese Government in the context of economic globalization and with a view to achieving the objectives of China's reform and opening-up program as well as the development of its socialist market economic system. China's entry into the WTO represents the deepening of its reform, the widening of its opening-up as well as a bright future of its economic development. It also means that competition in China will be more standardized and the investment environment there will be even better.

China will fulfill all its pledges, commitments and obligations. It will continue to improve its rules and regulations of its socialist market economic system up to international norms, further open markets for goods and services, intensify the protection of intellectual property rights and step up its economic and technical cooperation with other members. This will greatly push forward China's modernization and enhance its capacity to participate in and deal with economic globalization.

As a developing country, China will play a constructive role by working towards the establishment of a just, equitable and reasonable new international economic order and further strengthening its friendly relations and cooperation with other members within bilateral, multilateral and regional frameworks.

2) Taipei's Accession to the WTO as a Separate Tariffs Zone

We welcome the entry into the WTO by Chinese Taipei as a separate tariffs zone after China's accession. We believe that Chinese Taipei's accession to the WTO will be conducive to the economic development of the Taiwan Island, conform to the fundamental interests of people in Taiwan and serve the further development of economic relations and trade between the two sides of the Taiwan Strait. However, it must be pointed out that after the accession by the two sides to the WTO, one after the other, the economic and trade relationship between them will still, in essence, be one between the main body of China and one of its separate tariffs zones, which can only be developed within the one-China framework.. We hope that the Taiwan authorities will acknowledge and accept the one-China principle at an early date and take concrete steps to promote the realization of "three links" between the two sides of the Strait, so as to contribute to their common economic prosperity. We hold no dispute to Chinese Taipei's conduct of normal economic and trade activities with other WTO members within the WTO framework and on the basis of WTO rules as well as the Presidential Statement by the Board of Directors of the GATT. However, we firmly oppose Taiwan's attempts in using its WTO membership to carry out political activities aiming at creating "two Chinas" or "one China, one Taiwan".

3) The New Round of Trade Negotiations

China is supportive of the launching a new round of multilateral trade negotiations on the basis of the full accommodation of the interests and reasonable requirements of developing countries. The objectives should be: number one, to help establish a just, equitable and reasonable new international economic order; number two, to help facilitate world economic development, trade and investments; and number three, to help strike and keep a balance between the interests of developing and developed countries.

To achieve these objectives, the new round of negotiations must fully accommodate the development levels of relevant industries in developing countries and give them special treatment as to the level and pace of opening. It must also take real and effective measures to ensure the implementation of agreements reached at the Uruguay round. It must ensure the full and effective participation of all developing-country members and the identification of issues and negotiations must be done on the basis of equal consultation. Negotiations must be carried out in a balanced manner and in a whole package, so as to make sure that the results will be able to represent the balance of interests of all sides.

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