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China has taken considerable steps in the past year
to honour its commitments to the World Trade Organization, says a Ministry of
Commerce official.
The remarks were in response to a US report that says
Beijing "lost a significant amount of momentum" in 2003.
The official, who did not want to
be identified, said China's trading partners, including the United States, have
given positive feedback on China's progress during an annual review meeting.
China passed the annual review by the world trade
body in Geneva this past Tuesday.
The world's fastest growing economy, joined the WTO
at the end of 2001. Under its entry agreement, it has eight years to comply
fully with all the rules of the WTO.
In fulfilling its promises to the world trade body,
China opened more markets and increased imports, providing enormous business
opportunities for the world, the official said.
China's average tariff rate on farm products was
lowered to 16.8 per cent in 2003, far below the world average of 62 per cent.
Benefiting from tariff lowering and elimination of
non-tariff measures, farm imports to China jumped 76.3 per cent to US$12.44
billion in the first three quarters.
China's average duties on industrial products were
also cut from 14.7 per cent before WTO entry to 10.3 per cent this year.
As a result, China imported 13,000 automobiles in the
first three quarters, a rise of 40.5 per cent.
China also further opened the insurance and tourism
industries.
"It is not an easy thing. But we have made great
efforts to keep promises," said Sun Zhenyu, the Chinese ambassador to WTO.
But Zhang Hanlin, president of the China Institute
for WTO Studies, said foreign complaints are understandable.
"It is not strange. It is not because China did not
keep its promises, but because the foreign investors are too eager to enter the
big market," Zhang said.
No member performs perfectly in accordance with its
WTO promises, Zhang said, that is why there are so many disputes at the world
trade body.
"China behaves well compared with other countries and
its history before entering WTO," Zhang said.
"If China did not play by its commitments in
commodity trade and service trade, how have imports surge so fast," Zhang
added.
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