The State Council held an executive meeting Wednesday, to
approve, in principle, the draft amendments to the country's
Foreign Trade Law and the provisions on customs protection of
intellectual property rights.
The revision of the Foreign Trade Law is aimed at meeting the
situation and demands after China joined the World Trade
Organization (WTO) two years ago, in order to develop foreign
trade, protect market order, and promote the development of the
country's socialist market economy, according to the meeting, which
was presided over by Premier Wen Jiabao.
The draft revision of the law will be handed to the Standing
Committee of the National People's Congress for approval, after the
State Council adds some amendments.
The draft revision of the provisions on the customs protection
of intellectual property rights will be issued by the State
Council, after it makes some amendments.
The participants also discussed the draft of the provisions on
tollway management. The draft will be published in newspapers and
the Internet to seek public opinion before it is promulgated by the
State Council.
(Xinhua News Agency November 27, 2003)