The road of opening up in the past 20 years after China's accession to the WTO has become wider and wider
On December 11, 2001, China formally joined the World Trade Organization (WTO). This was a milestone event in China’s opening to the outside world and the globalization of the world economy.
China's outstanding actions and great achievements in the past 20 years since its accession to the WTO have fulfilled its WTO commitments, responded to the worries of the Chinese people and the expectations of the international community, and also brought enlightenment to China's future road of opening up.
In the 20 years since its accession to the WTO, China has reaped great rewards for its persistence in opening up to the outside world.
Before joining the WTO, many people in China were worried that "wolves are coming."
Facts have proved that joining the WTO is the correct historical choice for China and the world. The Chinese economy has not collapsed in fierce international competition, but has created many miracles.
After entering the WTO, China began to participate in all aspects of international trade, integrated into the global industrial division of labor, and won abundant development opportunities in the tide of economic globalization.
In 2001, China’s GDP was 11.1 trillion yuan. In 2020, it will exceed 100 trillion yuan for the first time. Its share in the world has increased from 4% to over 17%. A large foreign capital absorption country.
In the past 20 years since China’s accession to the WTO, China has firmly fulfilled its WTO commitments, continuously expanded its opening up, promoted market-oriented reforms, and continued to create a market-oriented, legalized, international business environment. It has become increasingly attractive to foreign capital and has created a sound internal environment for China’s economic development. Environment and forward momentum.
China's development achievements in the past 20 years have been achieved under the conditions of opening up to the outside world. Joining the World Trade Organization has played a key role in this process.
In the 20 years since its accession to the WTO, China has lived up to the expectations of the world, and has given back more than the expectations of the international community.
Over the past 20 years, China’s position in the global value chain has become increasingly prominent, and its contribution to world economic growth has increased year by year, and has reached a level of about 30% for many years. The Chinese market has strongly promoted the optimization of the global industrial chain and the best allocation of resources. The international community, especially Western developed countries, has significantly reduced production and living costs by importing high-quality and low-cost products from China; multinational companies have shared the dividends of China's development through investment in China, and many companies have achieved rapid growth in performance; China It is also a staunch defender of the multilateral trading system, a contributor to international trade rules and a promoter of negotiations, and has effectively promoted the development of economic globalization.
In the 20 years since China's accession to the WTO, the win-win interaction between China and the international community has become increasingly close.
China persists in opening wider to the outside world and actively participates in global economic governance. While creating a good external environment for China's future opening up, it also makes important contributions to promoting a more open and inclusive world economy.
China unswervingly maintains the existing international order, actively promotes the improvement of the multilateral trade framework, and creates an international environment for free trade.
At the same time, promote the "One Belt One Road" initiative to take root in countries and regions along the route, and make up for the shortcomings of the traditional multilateral trading system based on the basic principle of extensive consultation, joint contribution and shared benefits.
President Xi Jinping’s initiative to "promote the construction of a community with a shared future for mankind" on behalf of China from the height of the development of human society has been written into the United Nations document.
In 2020, China and 15 countries including ASEAN, Japan, South Korea, Australia and New Zealand have jointly signed the Regional Comprehensive Economic Partnership Agreement (RCEP) and completed the China-EU Investment Agreement negotiations with the European Union.
This series of major measures will not only accelerate the recovery of the world economy, but also play a positive role in the development of the WTO and the improvement of multilateral trade rules.
Twenty years in a blink of an eye.
China has gradually become an influencer and promoter from a learner and adaptor of international rules.
At present, the trend of anti-globalization and protectionism is on the rise, causing a serious impact on economic globalization. The WTO, as the cornerstone of world trade, has been greatly disrupted and disrupted in its work.
In this context, China must not only make good use of the existing international order and system to safeguard national interests, but also actively participate in global economic governance and the supply of public goods, support the WTO in its due role, and enhance the effectiveness and authority of the WTO. Therefore, it will play a greater role and make greater contributions in the process of the recovery of the world economy and the future reform of the WTO, and work with countries around the world to build an open world economy.
(Source of Guo Yan: Economic Daily)