Lamy: China's membership has advanced global trade
China Daily | Updated: 2011-12-09 08:40
China's entry into WTO is a "win-win situation" for both China and other member countries, Pascal Lamy, director-general of the World Trade Organization, told a seminar in Tianjin on Sept 16 to celebrate China's 10th anniversary as a WTO member.
Lamy noted that when the country was accepted as a member of the WTO in 2001, China was the sixth-largest exporting country in the world, with its exports and imports accounting for only 4 percent of the world trade.
Today, China is the world's second-largest economy and the largest exporting country.
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