China's top legislator Saturday called for study of the new situation and problems arising after the country enters the World Trade Organization (WTO).
Practical and effective measures should be taken to find out reasonable resolutions to major contradictions and problems of various kinds, said Li Peng, chairman of the Standing Committee of the National People's Congress (NPC).
Li made these remarks at a lecture held by the NPC Standing Committee to discuss the impact of China's WTO entry on its efforts to develop the legal system.
Joining the WTO is the result of China's long-time efforts and it is a great strategic decision-making for speeding up the development of the country's reform, opening and socialist modernization drive, Li said.
China's WTO entry is in line with the country's fundamental and long-term interests and also marks a new stage of its opening to the outside world, he said.
(Xinhua News Agency December 30, 2001)