China’s role in WTO has increased significantly since its accession in 2001: WTO chief
Beijing. Jul 16. Silkroadnews - Since China joined the WTO in 2001, its role in the organization has increased significantly, China’s exports have increased seven times, and imports - six times, said WTO Director-General Roberto Azevedo, People’s Daily reports.
China underwent its seventh Trade Policy Review (TPR) by the WTO from July 11 to 13, during which Azevedo told Chinese media that China's major achievements during this period also include lifting more than 500 million people out of poverty, the publication reads.
“China has been a very active player throughout”, Azevedo said.
The WTO chief believes, China will help make the organization even more effective and solve problems with other members to improve the system.
In turn, he noted, the WTO has been doing everything possible to make it clear to everyone that sanctions and restrictive measures will not help anyone.
“Everybody loses in this scenario. Even those who think they may win, they don't. WTO has been trying to give this picture as clear as possible to everyone,” the agency quoted him saying.