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China's WTO Achievements Recognized
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The United States has acknowledged China's achievements in implementing its commitment to the World Trade Organization (WTO), according to the latest report published by the United States Trade Representative (USTR).
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China Has Embraced World Since WTO Entry
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Affordable luxury was probably the first benefit most Chinese imagined they would enjoy when the country joined the World Trade Organization (WTO) four years ago.
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US Firms Benefit from China in WTO
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US businesses have benefited from China's entry into the World Trade Organization (WTO), says a report released by the US-China Business Council.
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Overseas Retailers Rushing in
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Overseas retailers have been "very active" this year after China abolished restrictions in the sector according to commitments to the WTO (World Trade Organization), a senior government official said yesterday at opening of the 12th Asian Retailers Convention & Exhibition (ARCE) in Beijing.
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Software Industry in Line with WTO
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To meet the requirements of the World Trade Organization (WTO), the government is pushing ahead with policies encouraging the development of the software industry, a senior official from the Ministry of Information Industry said.
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WTO Entry: Little Impact on Security of Domestic Business
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Vice Minister of Commerce Gao Hucheng said Thursday China's entry into the World Trade Organization (WTO) three and a half years ago has brought little shock to domestic business.
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Insurance Market to Keep WTO Promise
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According to Wu Dingfu, chairman of the China Insurance Regulatory Commission (CIRC), the local insurance industry has already benefited from foreign expertise and know-how.
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Full Impact of WTO Remains to Be Felt
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Just because China's financial institutions have not experienced any serious competition since the nation joined the World Trade Organization (WTO) does not mean that this will never come.
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China Honors WTO Promise on Tariff Cuts
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China's Finance Minister, Jin Renqing, says the country has made almost all of the tariff cuts needed to fulfill its commitments to the World Trade Organization.
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WTO Membership Benefits Consumers, Workers
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Three years after China's entry into the World Trade Organization, consumers and workers are reaping substantial benefits. The jobs of some 80 million Chinese people are directly related to foreign trade, while imported goods are becoming more varied, more widely available and more affordable.
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China Wins Praise from WTO Members
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China has been praised by World Trade Organization members for living up to its commitments to the world body.
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Textile Duties to Ease Trade Concerns
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Textile concerns among China's trading partners in the coming integration of global trade have made the nation determined to control its exports. The Ministry of Commerce will impose export duties on certain textile products and encourage the export of high-end textiles.
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Foreign Firms Affirm China's WTO Membership
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Foreign businesses in China have said that China has kept the commitments it made joining the World Trade Organization three years ago and been a "responsible" member.
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Foreign Firms Satisfied with China's Performance
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A recent survey shows that 93 percent of 1,000 foreign-invested companies in Shanghai are satisfied with China's performance in post-WTO period, and 86 percent of them are optimistic about China's future investment and trade environment.
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China Keeping WTO Promises
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Three years since China's accession into the World Trade Organization, Chinese WTO ambassador told CRI reporter China's fulfilling its commitment, and more steps will be in place for better integration into the global trade body.
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Nation Performing Well in WTO Tasks
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Senior executives and scholars across the world believe that China has done a fairly good job in fulfilling its World Trade Organization (WTO) commitments in the past three years, according to a survey conducted by Andrew Stoler, a former deputy director-general of the WTO.
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Auto Imports Not to Increase Sharply
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Many cried wolf for China's auto industry when the nation joined the World Trade Organization (WTO) three years ago.
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Three Eventful Years in the WTO
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The three years since China joined the WTO have ushered in remarkable changes in its major industries, which have in turn impacted on ordinary people's everyday lives in some significant ways.
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Toys Tariff Lifting to Spark Fierce Rivalry
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China's import tariffs on toys will be eliminated on January 1, 2005, in accordance with the country's commitments to the World Trade Organization (WTO).
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Smooth Transition After WTO Accession Expected
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China will take measures to ensure a smooth transition after it joined the World Trade Organization (WTO), said Chinese Ambassador to the WTO Sun Zhenyu.
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WTO Accession Helps Telecom Advance
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China's telecoms industry is achieving dramatic development, propelled by its accession to the World Trade Organization (WTO).
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Zero Tariff Won't Harm Furniture Sector
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The Chinese furniture industry should be able to withstand the pressures of foreign competition when furniture import tariffs end next year as a result of World Trade Organization requirements, industry analysts say.
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China Fulfills WTO Commitment
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China says it has been effectively fulfilling its commitments to the World Trade Organization since its ascension to the world trade body three years ago.
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WTO Performance Called 'Outstanding'
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China entered the World Trade Organization (WTO) on December 11, 2001.
With the third anniversary of its membership approaching, it is time to review what China has experienced over the past few years and what kind of challenges are waiting for the world's fastest-growing economy. This is the beginning of a series of China Daily WTO specials.
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3 Years in WTO Brings Sea Changes
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Three years of membership of the World Trade Organization (WTO) have initially prepared China for intense foreign competition, although there are still tougher challenges ahead.
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Central Bank: Loan Growth Falls Tangibly
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New loans earmarked by Chinese banks in May were less than half of the figure of the same month in 2003, a strong evidence showing the central government's efforts to rein in loan growth and cool down the economy were paying off.
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Reform in Air Cargo Sector on Horizon
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Domestic and overseas cargo airlines will be allowed set up ventures in China as the country further loosens its control over the air cargo market.
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CBRC:QDII Policies to Bring More Opportunities for Foreign Banks
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An array of policies and rules including QDII will have the following 5 highlights encouraging business expansion of foreign banks in China, according to China Banking Regulatory Commission.
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China Facing More Trade Conflicts
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China is facing more and more trade conflicts along with its faster development, opening market and entrance into a key transition period since it joined the World Trade Organization (WTO), an official with the Ministry of Commerce has said.
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US Investor to Take Control of Shenzhen Bank
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Newbridge Capital, the US-based investment giant, is to take control of a state-owned Chinese bank by purchasing about 18 percent of the bank's shares from its four state owners in a landmark deal, according to a bank announcement.
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Supervision of Banks Paying off
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The China Banking Regulatory Commission (CBRC) said Thursday its recent efforts to strengthen the supervision of banks and contain their lending risks have shown good results.
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Drive to Strengthen Circulation Sector
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China will meet intensified competition resulting from its World Trade Organization (WTO) membership by building a batch of internationally competitive circulation companies.
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Foreign-funded Supermarkets to Enjoy Simplified Government Procedures
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Beginning June 1, Beijing's municipal bureau of commerce has more power to approve the setting up of foreign-invested supermarkets in the city.
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Regulator Tightens Screws on Banking
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China's banking regulator again urged banks to faithfully implement the State's recent tightening policies, stressing the importance of healthy macroeconomic fundamentals to sound bank performance during an announcement Monday.
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Anti-monopoly Law to Benefit All
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The 10th National People's Congress has put drafting of an anti-monopoly law on the legislative agenda for its five-year tenure, which ends in 2007, said a senior legislative official on Tuesday.
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New Auto Rules Give JV Guidelines
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A new policy released Tuesday will both loosen and tighten restrictions on auto industry investors. Under certain circumstances, foreign investors will be able to hold controlling stakes in auto and motorcycle JVs. However, the policy also raises barriers to domestic non-auto investors in the industry.
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China to Establish SOE Board Meeting Systems
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China is to further improve management efficiency and help prevent irregularities among huge state-owned enterprises or SOEs by introducing board-meeting systems within three years, said Li Rongrong, Minister in charge of the State Assets Regulatory and Management Commission.
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Anti-dumping Hearing Opens
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The Ministry of Commerce Tuesday opened a public hearing on whether to continue anti-dumping duties on cold-rolled steel coil, an important material in prospering industries like automotive, electric appliances, machinery and construction.
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Trading of Cotton Futures Resumed
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China resumed the trading of cotton futures on central China's Zhengzhou Commodity Exchange on Tuesday, the first futures product China re-launched since its crackdown on irregularities involving trading of futures products in the past few years.
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Foreign Investors Invited to Join Banking Reshuffle
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Qualified overseas investors are welcomed to join the reshuffle and transformation of China's banking industry, if based on willingness and related commercial rules, according to the China Banking Regulatory Commission (CBRC).
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