December
2019 / 12 / 11
Event
Anniversary of China joining WTO
2001 was a landmark year for China, who finally gained accession to the World Trade Organization (WTO,
2011) after 15 years of negotiations. China’s accession to the WTO has helped both the Chinese and the
world economy. China’s accession resulted in astounding growth of exports, and a reduction in tariffs both on
imports into China and tariffs placed on Chinese products.
Source:
World Trade Organisation