The preparatory work for China's accession to the World Trade Organization (WTO) is going smoothly, said the Minister of Foreign Trade and Economic Cooperation Shi Guangsheng when he met with Pascal Lamy, trade commissioner of the European Union Tuesday.
Shi briefed Lamy on China's preparatory work, including the training of economic officials who are expected to have knowledge of China's rights and obligations after the entry, and introducing relevant knowledge to the public through media.
The WTO Doha Meeting, which approved China's entry into the WTO and the beginning of a new round of trade talks, is of great importance to the current world economy, Shi said.
China is busy revising and adjusting laws, to provide legislative assurance for the new situation after the entry. After completing the amendments to most national laws and regulations, China has started checking local laws and provisions, said Shi.
Lamy noted that after China joins the global trade organization, EU-China economic and trade relations will enter a new stage. The EU wishes to increase cooperation with China, he said.
( December 5, 2001)
