Davos cited China's WTO accession hot years win the world to share prosperity - Domestic Finance - gold in the online

 Xinhua BEIJING, January 30 2011 is the tenth anniversary of China's WTO accession, participants gradually become the facilitator role. Chinese construction enterprises from different countries participating in the same time, the share of China market growth opportunities, the Chinese themselves are beginning to the world. China's accession to the WTO decade, and it is the world's prosperity and to achieve win-win sharing decade.

article excerpts are as follows:

China to promote reform and development, from a new member of the WTO, participants, has become the role of facilitator. Foreign enterprises participating in China's construction, the share of China market growth opportunities, the Chinese themselves are beginning to the world.

Chen Deming 27 in Davos, Switzerland to attend the World Economic Forum, entitled the tenth anniversary of China's WTO accession, Chen summed up with the detailed data the achievements of the tenth anniversary of China's WTO accession. For decades, China's average tariff from 15.3% in 2001 down to 9.8%, and the opening of the 100 service trade departments; the size of China's exports and imports grew by 4.9 times the size and 4.7 times GDP growth more than doubled. In 2010, China became the world's second largest importer, imports of goods trade totaled more than 1.4 trillion, accounting for 10% of total world trade. In addition, China in this decade, attracted about 7,000 billion U.S. dollars of foreign capital, the world's five hundred more than 480 enterprises have been doing business in China. The next decade, China will further expand the degree of openness. Chen Deming said that China's market over the past decade at an average annual growth rate of 15%, expected future imports of China from the international market will remain the rapid increase in the proportion of international trade and further improved.

China reform and opening up the hope and the world to share prosperity and to achieve win-win situation. Lamy said China's accession to the WTO to accept more demanding than the conditions for other developing countries. However, these constraints make the China trade protectionism in large part to avoid the damage to be conducive to China's steady development of international trade. China's WTO accession for China and other countries is a win-win result, and China has also better compliance with WTO rules.