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| Talking Point | Interviews | Success Stories | China Today | Import & Export | Legally Speaking | Regional Development |
Post-WTO China: Opportunities and Challenges
Chinese President Jiang Zemin stressed that China's entry into the World Trade organisation (WTO) is a historic step in the country's process of reform and opening to the outside world.

Jiang made the remarks at the closing ceremony of the "International Situation and WTO" seminar for key leaders at provincial and ministerial levels. He said that China must improve its overall national strength and international competitiveness, establish and perfect the socialist market economic system, and safeguard its security and fundamental interests.

Jiang, also general secretary of the Central Committee of the Communist Party of China (CPC) and chairman of the Central Military Commission, pointed out that the entry into the WTO marks a new phase in China's opening up to the outside world.

"We should deepen the reform, increase our opening up and take a more positive attitude to the outside world at this new starting point," said Jiang, adding that efforts must be made to adapt to economic globalization, and to continue to push forward all-round, high-level, and wide-range opening up and provide powerful drive for the economic development of our country.

He stressed that international cooperation and exchange on the economy and technology have become more important for the economic development of every country. China must establish an efficient system and mechanism, create a favorable economic and social environment for opening up to the outside world, which is very important for cooperation.

"The development of China's socialist market economy, the all-round opening up to the outside world, and our huge potential market, are the most powerful driving forces of China's entry into the WTO," said Jiang.

He also asked leaders at provincial and ministerial levels to make scientific analysis and get a complete knowledge of the opportunities, challenges, advantages and disadvantages brought by China's entry into the WTO.

Measures should be taken to promote China's industries and businesses in improving their competitiveness, as well as its industrial restructuring and technological upgrading, Jiang said, who also called for the establishment of a series of large groups and multinationals with international competitiveness. He asked for nurturing medium and small sized enterprises with international competitiveness.

"The entry into the WTO requires governments at various levels to noticeably improve their way and methods of managing economy," said Jiang, stressing that the training of special personnel is very urgent.

Jiang said that pushing forward reform, opening up and socialist construction under the WTO situation is new to the whole party and it is also a new challenge.

"As long as our comrades work together, we are sure to make the most of all opportunities brought by the WTO entry and push forward the reform, opening up and modernization drive," said Jiang.

Chinese Premier Zhu Rongji also made a speech at the seminar. He asked businesses to take product quality as an essential part of their work, for only high-quality products can reach and be accepted by the international market.

Zhu Rongji urged departments and local governments to work together to promote a steady and healthy development of the national economy.

 
Feb 2002
This article is courtesy of ChinaTradeWorld.com, the Internet arm of Infoshare Technology Co Ltd at the China International Electronic Commerce Centre (CIECC), a partner with Tradelink in the provision of cross-border electronic commerce services.
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