MOC : China's market economy system is ever-improving after WTO entry
Xinhua |
Updated: 2018-06-29 16:49
China's accession to the World Trade Organization (WTO) in 2001 ushered in a new historic stage in China's reform and opening-up, with the country's market economy ever-improving, said Vice Minister of Commerce Wang Shouwen on Thursday, at a press conference after China issued a white paper titled "China and the World Trade Organization."
"We have worked to straighten out the relationship between the government and the market to give the latter a decisive role in resources allocation and to better tap into the role of the government," Wang said.
In the 27-page document, improving the socialist market economy and legal system was presented as the first commitment China has endeavored to fulfill, along with the commitments on trade in goods and services, intellectual property rights protection, and transparency.
READ MORE
China's accession to the World Trade Organization (WTO) in 2001 ushered in a new historic stage in China's reform and opening-up, with the country's market economy ever-improving, said Vice Minister of Commerce Wang Shouwen on Thursday, at a press conference after China issued a white paper titled "China and the World Trade Organization."
"We have worked to straighten out the relationship between the government and the market to give the latter a decisive role in resources allocation and to better tap into the role of the government," Wang said.
In the 27-page document, improving the socialist market economy and legal system was presented as the first commitment China has endeavored to fulfill, along with the commitments on trade in goods and services, intellectual property rights protection, and transparency.
READ MORE
