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China committed to free trade, WTO rules: commerce ministry

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      China

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      China committed to free trade, WTO rules: commerce ministry

      2025-04-10 01:05 Last Updated At:02:17

      China is committed to the principle of free trade and has substantially opened its markets since joining the World Trade Organization (WTO) in 2001, making a positive contribution to upholding the effectiveness and authority of the multilateral trading system, an official with China's Ministry of Commerce said on Wednesday.

      The remarks came in response to media questions about a white paper titled "China's Position on Some Issues Concerning China-U.S. Economic and Trade Relations", which was published by China's State Council Information Office on the same day, and aims to clarify key facts, address misperception and present China's policy stance in the face of escalating trade tensions.

      The official said that since joining the WTO, China has fully honored its accession commitments, while abiding by and implementing WTO rules.

      The Chinese government has improved the legal and regulatory framework for a rule-based market economy and made compliance assessments a compulsory precondition for the release of trade policies, which has enhanced the stability, transparency and predictability of its trade policies and established a legal framework aligned with multilateral trade principles, according to the official.

      The official said that in honoring its commitments of extensive and substantial tariff reduction, made upon acceding the WTO, China has voluntarily lowered import tariff rates multiple times, with all the tariff reduction commitments for goods being fulfilled by 2010.

      China's overall tariff level has been reduced from 15.3 percent in 2001 to 9.8 percent. In terms of WTO-bound tariff rates, China's overall tariff level is approaching the average bound tariff rate of developed members at 9.4 percent, said the official.

      The official also noted that since its accession, China has strictly adhered to all WTO subsidy discipline and promptly submitted subsidy notifications to the WTO. In June 2023, China submitted the 2021 – 2022 subsidy policy notification, involving 69 central and 385 local government subsidy policies, covering all provincial-level administrative regions.

      The Chinese government has aligned itself with international rules through a series of systematic reforms and progressively optimized the business environment, providing a more transparent, fair and predictable environment for global enterprises, said the official.

      China committed to free trade, WTO rules: commerce ministry

      China committed to free trade, WTO rules: commerce ministry

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      CMG airs special program honoring dedicated workers on Int'l Labor Day

      2025-05-01 22:40 Last Updated At:05-02 00:17

      China Media Group (CMG) aired a special television program on Thursday to mark International Workers' Day 2025, paying tribute to the dedication and contributions of Chinese workers in various fields.

      Co-produced by the All-China Federation of Trade Unions and CMG, the program was broadcast during prime time on various CCTV channels and online platforms.

      With the theme "Labor is the source of all happiness”, and filmed in culturally significant cities such as Beijing, Guangzhou, and Yan’anit, the program featured immersive storytelling and musical performances. The program put the spotlight on exemplary individuals including model workers, technological pioneers, and grassroots heroes, vividly portraying the spirit of diligence, perseverance, and selfless dedication that characterizes the modern Chinese workforce.

      CMG airs special program honoring dedicated workers on Int'l Labor Day

      CMG airs special program honoring dedicated workers on Int'l Labor Day

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