WNAM MONITORING: China on Monday strongly opposed a U.S. report that denies China’s contribution to the multilateral trading system and global economy after it acceded to the World Trade Organization (WTO) over two decades ago.
The Ministry of Commerce said in a statement that China, as the largest developing WTO member, has always firmly supported the multilateral trading system, genuinely practiced multilateralism, and earnestly fulfilled its WTO commitments.
The country has continuously improved its market economy institutions and legal systems based on its national conditions, expanded high-level institutional opening-up, fully and deeply participated in the reform of the WTO, and actively helped other developing members, in particular the least developed countries, integrate into the multilateral trading system, the ministry said.
