G20 (ENG - Intermediary)
Cite as https://mymun.com/ppdb/18929
First Topic: Reforming WTO
China became a member of the World Trade Organization (WTO) on 11 December 2001. The admission of China to the WTO was preceded by lengthy process of negotiations and required significant changes to the Chinese economy. It signified China's deeper integration into the world economy. At a time when the world economy is undergoing profound changes and the multilateral trading system is severely undermined by rising unilateralism and protectionism, China supports necessary reform of the WTO, in order to enhance its authority and efficacy, to build an open world economy, and to pursue a community with a shared future for mankind.