Over 100 British parliament members, government officials,
entrepreneurs, scholars and their Chinese counterparts attended a
seminar held in the British House of Commons on Wednesday to
discuss how Chinese economic development influences Britain.
Chinese Vice Commerce Minister Ma Xiuhong delivered a keynote
speech, saying that China will continue to open up and
comprehensively develop mutually beneficial relations with other
countries.
In the past five years after its entry into the World Trade
Organization (WTO), China fulfilled its commitments to the WTO on
following the rules and reducing tariffs. Now, China has become one
of the most open economies in the world, Ma said.
However, China, which has a large population, still needs to
develop the productive forces, while foreign capital remains
important to boost the economy, she said.
China will provide more opportunities for foreign investors and
hopefully more British entrepreneurs will come to China to boost
bilateral commercial ties, she added.
Martin Wolf, senior critics of Financial Times, made the final
speech, saying that China's economy will continue its fast
development with a great influence on the world.
(Xinhua News Agency March 8, 2007)
