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Address by Deputy Minister Yu Guangzhou at the Opening Ceremony of the WTO - By: Chloe Smith


Yi, Honorable Vice Chairman Cheng Siwei, Honorable Director General Supachai, Ladies and gentlemen.

Let me start by extending a warm welcome, on behalf of the Ministry of Commerce, to all the distinguished guests and friends present at the ¡°WTO and China. Beijing International Forum".

"WTO New Round of Negotiations and China's Road to a Well-off Society¡± was made the theme of this forum, which fully demonstrates that China attaches importance to the ongoing Doha Development Agenda talks. According to the Doha Ministerial Declaration, the new round of negotiations should have the interests and needs of developing countries at the core and ensure that they obtain a share in world trade growth proportionate to their respective economic development demand. As a member of the developing world, China is committed to building a well-off society in an all-round way. We need to fully participate in and push forward the new round of multilateral trade talks and create a good international environment for the building of a comprehensive well-off society in China.

Centered on the theme of the Forum, discussions will be held on such topics as "WTO Development Round and China's Road to a Well-off Society", "The New Round of Negotiations and the Investment Strategies of Transnational Corporations in China", "Forging the Competitiveness of China's Service Industry on the International Arena" and "The Market Impact in the Latter Stage of the Transitional Period after Cartier Roadster Replica China's WTO Accession and Enterprises' Corresponding Strategies". I believe that through the pooled wisdom and candid exchanges of views of experts and scholars at home and abroad, the Forum will achieve fruitful results.

To adapt to the new situation of economic globalization and accelerated science and technology progress, China will pace up the building of a well-off society in an all-round way, further perfect the system of socialist market economy, set up a more dynamic and open economic structure, and realize a comprehensive coordination between domestic development and opening up. According to these strategic plans and requirements, we will further intensify the foreign-related economic restructuring and open China wider to the outside world. In accordance with the requirement of market economy and WTO rules, we will accelerate the integration of internal and external trade and further improve trade and investment liberalization and facilitation? We will grasp the major opportunity of the new round of the optimization and reconfiguration of global production factors and industry transfer to attract more FDI and improve FDI utilization; we will further improve the quality, grade and added-value of export commodities, export more high-tech products, develop trade in services, and Tag Heuer Replica Watches enhance export competitiveness in an all-round way so as to contribute more to the construction of a comprehensive well-off society in China. China's development is inseparable from the world. China's opening up calls for the multilateral trading system to play an important role. The maintenance and development of the multilateral trading system depend on whether the DDA can genuinely achieve its theme of development. We hope that the achievement of established goals of DDA can provide all countries and regions with fairer new international economic and trade rules and an international environment for fair competition.



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