mutually beneficial and win-win outcomes
Since its accession to the WTO, China has been a strong advocate for free trade. China has comprehensively fulfilled its commitments to the WTO, substantially opened its market to the world, and delivered mutually beneficial and win-win outcomes on a wider scale.
the multilateral trading system
It called upon the WTO to focus more on the concerns of developing members, opposed unilateralism and protectionism, upheld the authority and efficacy of the multilateral trading system.
Substantively reducing import tariffs.
Significantly lowering non-tariff barriers.
micro, small and medium-sized enterprises (MSMEs)
China has encouraged the WTO to respond to and discuss new topics of general interest to the members such as investment facilitation, micro, small and medium-sized enterprises (MSMEs), and e-commerce.
the dispute settlement mechanism
Safeguarding the effective operation of the dispute settlement mechanism.
the global value chains
Rising up to these challenges, Chinese companies took the initiative to promote structural readjustment, participated in the global value chains and significantly increased their international competitiveness.
Cross-border e-commerce and other new types and modes of foreign trade have flourished in China, providing an ever-expanding market to its trading partners.
administration model of pre-establishment national treatment plus negative list
China has adopted a foreign investment administration model of pre-establishment national treatment plus negative list.
the protection of innovation and intellectual property rights
China will take innovation as the primary driving force for development. China will adopt a more open attitude, strengthen the protection of innovation and intellectual property rights.
pilot free-trade zones (FTZs)
free-trade ports with Chinese characteristics
China will improve various development zones, build the pilot free-trade zones (FTZs) with high standard and good quality, and explore the construction of free-trade ports with Chinese characteristics.