The United States has acknowledged China's achievements in
implementing its commitment to the World Trade Organization (WTO),
according to the latest report published by the United States Trade
Representative (USTR).
"China has taken important steps in implementing the numerous
commitments that it undertook upon its WTO accession on December
11, 2001," the report said.
The report is the fourth annual one that the USTR has published
to report to US Congress on China's practices to meet its
commitments to the WTO.
It covers nine broad categories of WTO commitments undertaken by
China.
It said China has eliminated some trade barriers and has started
to even out unequal treatment. Additionally, it has further opened
the service market and strengthened the liberalization of bilateral
and multilateral trade since it entered the WTO.
With regard to the IPR (intellectual property right) issue,
which remains the top concern of the US Government, the report said
that China has made significant efforts to implement its
commitments to establish a legal framework to ensure the protection
of IPR in accordance with the WTO's Agreement on Trade-Related
Aspects of Intellectual Property Rights.
"China has done a relatively good job of overhauling the legal
regime," the report commented.
However, the USTR stressed that China should further strengthen
the enforcement of its laws and regulations.
The report added that the Sino-US Joint Commission on Commerce
and Trade meeting held in July this year achieved some progress on
a range of trade-related issues.
(China Daily December 15, 2005)
