BEIJING (Xinhua) — China on Monday strongly opposed a U.S. report that denies China’s contribution to the multilateral trading system and global economy.
China acceded to the World Trade Organization (WTO) over two decades ago.
The Ministry of Commerce said in a statement that China as the largest developing WTO member has always firmly supported the multilateral trading system.
It said China has genuinely practiced multilateralism, and earnestly fulfilled its WTO commitments.
The country has continuously improved its market economy institutions and legal systems.
The improvement is based on China’s national conditions and expanded high-level institutional opening-up.
China has fully and deeply participated in the reform of the WTO, and actively helped other developing members.
In particular, China has helped the least developed countries integrate into the multilateral trading system, the ministry said.