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Institutional opening up contributes to China's rapid growth

By Duan Yaying: 0 Comment(s)Print E-mail China.org.cn, December 10, 2021

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Gao Anming, vice president and editor-in-chief of China International Communications Group, addresses the High-Level Forum on the 20th Anniversary of China's Accession to the WTO, held in Beijing, Dec. 8, 2021. [Photo/China.org.cn]

Over the past 20 years since its accession to the WTO, China has transformed from a beneficiary of economic globalism to a contributor and leader to world economic growth, said Gao Anming, vice president and editor-in-chief of China International Communications Group.

According to Gao, China has long been the biggest contributor to global economic growth, with its contribution rate expected to exceed one-third this year.

Jiang Qingzhe, secretary of the Communist Party of China (CPC) Committee of the University of International Business and Economics, addresses the High-Level Forum on the 20th Anniversary of China's Accession to the WTO, held in Beijing, Dec. 8, 2021. [Photo/China.org.cn]

China has fulfilled its WTO commitments and integrated into economic globalization, serving as a stabilizer and driving force for global economic growth, said Jiang Qingzhe, secretary of the Communist Party of China (CPC) Committee of the University of International Business and Economics, China's leading university in WTO research.

China's entry to the WTO is a win-win — China, the WTO and our trade partners are all winners, echoed Yi.

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