China Issues Guidance About WTO Compliance
China’s Commerce Ministry this week issued a new guidance document about how the country interprets and plans to strengthen its trade policy compliance, particularly with World Trade Organization rules. The guidance calls on various Chinese government offices to make sure any proposed policies comply with WTO rules, and it stressed that China should “respond to foreign compliance concerns” raised at the WTO while also raising concerns at the trade body “about other members' illegal measures.”
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“Further strengthening trade policy compliance will help create a first-class business environment and promote the construction of a unified national market,” China’s Commerce Ministry said, according to an unofficial translation. “Further strengthening trade policy compliance also fully reflects my country's consistent position of firmly maintaining the multilateral trading system with the WTO as the core.”