Yang Jiechi, Chinese Ambassador to the United States, said on
Wednesday that China's entry into the
World Trade Organization (WTO) will
have positive and significant influence on the development of
Sino-US economic and trade cooperation.
Yang made the remarks in a speech delivered at Saint Joseph's University in
Pennsylvania.
He
said that both Chinese President Jiang Zemin and US President
George W. Bush stressed in their phone call on Monday that the two
sides will work hard on the promotion of Sino-US economic and trade
cooperation and the further development of bilateral
relationship.
He
said that China's accession to the WTO will benefit both China and
the United States.
China became a WTO member last Saturday at the WTO ministerial
meeting held in Doha, capital of Qatar, which concluded on
Wednesday.
Yang said that the principle of the non-conditional
most-favored-nation treatment of the WTO will be applicable to
trade between the two nations, which would mean the removal of an
artificial political obstacle that stands in the way of bilateral
trade relationship.
He
said that China's entry into the WTO will give a fresh impetus to
boost trade and economic cooperation between the two countries as
China and the United States are major trade partners with their
economies complementing each other.
The Chinese Ambassador also said that the appropriate measures that
will be taken by the two countries will be beneficial to the
increase of bilateral trade and mutual investment and to the
establishment of an economic and trade administrative regime that
conforms to the common international rules and their own
conditions.
He
also said that China's accession to the WTO will offer chances for
the two sides to exchange views on boosting multilateral trade
cooperation.
(Xinhua News
Agency November 15, 2001)