Chinese President Jiang Zemin
said on November 11 in Guangzhou that China, as a member of
the World Trade Organization (WTO), will strike a
carefully-thought-out balance between honoring its
commitments and enjoying its rights.
Jiang made the remarks during an inspection tour
of Nanhai, in Guangdong Province, south China.
The president said that during
the process of economic globalization, the economic and
technical cooperation of a country with other parts of the
world can be expanded advantageously only after the country
establishes an economic and trade
system adaptable to internationally
accepted norms and in line with the country's actual
Jiang said China's
WTO membership brings hard-won opportunity while
constituting considerable challenge for the country.
The world trade body unanimously
adopted a decision on China's accession to the WTO on
November 10 at its ministerial conference in Doha of Qatar.