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China promises to play an active role in the World Trade Organisation
China, is promising to play an active role in the World Trade Organisation now that it has succeeded in becoming the grouping's 143rd and newest member.
Beijing says it's an historic moment in China's reform and modernisation and the process will have a very significant impact on its economic development.
However, a report by the State Council says the economy is in chaos and plagued by rampant counterfeiting, fraud, securities manipulation and protectionism.
The Minister for Economics Li Rongrong says the authorities have made great efforts to tackle the problems but despite some successes it is clear that problems still exists in certain areas and industries.
12/12/01 4:36:59 | ABC Radio Australia News
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