WTO: China's development to the global tree model

Source: Internet
Author: User
Keywords China WTO China krona
Tags close continued contributor developed developed countries development drop economic
The WTO report also shows that China became the third largest contributor to the WTO in 2009. This morning, the World Trade Organization (WTO) issued its 2009 annual report praising China's progress in trade policy and its contribution to international trade.  The report commends China's close cooperation with the WTO, its support for the Doha round negotiations and its assistance to the least developed countries. China's continued reform has helped China achieve rapid economic growth, with a rapidly growing per capita income and a sharp drop in poverty.  The report says China's development has set a wonderful example for the world. The report also highlighted the development of China's services industry and praised China's commitment to services more broadly than most other developing countries.  The report also encourages China to further liberalize the market for services.  As the world's third largest economy and trading country, China can take on more leadership roles in the formation of the multilateral trading system and hopes that China will continue to participate actively in various negotiations with a view to successfully completing the Doha round negotiations, the report said. In addition, the WTO announced the 2009 annual contribution of Member States. China has become the third-largest contributor to the WTO with 11.07 million Swiss krona (10.78 million US dollars), and last year China's 9.5 million Swiss krona ranked fifth.
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