Chinese weigh pros and cons of 5 years into WTO
(Xinhua)Updated: 2006-12-11 14:58
When Wu took up the post a one year ago, he knew nothing about U.S. trade law, but recently his association has been winning lawsuits.
"This is WTO membership. It can bring opportunities, barriers and mechanisms for solving disputes," Wu said.
WTO accession has also made a difference to people's lives.
Foreign travel and exotic items are now on Chinese consumption indexes. Foreign-currency financial services and personal investment products linked to overseas capital markets are no longer unimaginable.
"It is not yet time to calculate gains and losses of WTO membership," said
Gao Heyun, head of the Jiangsu Research Institute of Foreign Trade and Economic
Cooperation. "What we should do is to fulfill our WTO
commitments in a better way and open wider at a quicker
pace."
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