“Economic Globalization:An Irreversible Process”——Interview of Yu Xiaosong,Former CCPIT President

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In 2001 the whole world was marveled by the milestone entry of China into WTO.Statistics show that within the decade thereafter,the Chinese imports and exports have surged by 4.9 and 4.7 times respectively;it absorbed over $700 billion of foreign investment;Over 480 of 500 top enterprises worldwide started business in China. Tracing back to the pre-WTO days,we see that it took China fifteen years’ tenacious and long-lasting efforts in negotiation to gain admission to WTO from 1986 to 2001.Within the fifteen years,China first managed to get through the GATT negotiation to restore the GATT status of China,and then the WTO entry negotiation.Our journalists held a special interview of Mr.Yu Xiaosong, former CCPIT president who took an active part role in the negotiation,to explore deep into the historic negotiations. In 2001 the whole world was marveled by the milestone entry of China into WTO.Statistics show that within the decade thereafter, the Chinese imports and exports have surged 4.9 and 4.7 times respectively; it absorbed over $ 700 billion of foreign investment; Over 480 of 500 top enterprises worldwide started business in China. Tracing back to the pre-WTO days, we see that it took China fifteen years’ tenacious and long-lasting efforts in negotiation to gain admission to WTO from 1986 to 2001.Within the fifteen years, China first managed to get through the GATT negotiation to restore the GATT status of China, and then the WTO entry negotiation. Our journalists held a special interview of Mr. Yu Xiaosong, former CCPIT president who took an active part role in the negotiation, to explore deep into the historic negotiations.
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