However nobody can deny the fact that under the circumstances where international economic new order is yet to be established and the difference of economic development level of all countries is fairly big, the benefits enjoyed by different countries from the process of economic globalization are not balanced. Compared with developed nations, developing countries are confronted with more pressure and challenges. Facing the trend of accelerated economic globalization, we hold that all countries, in particular, developing countries should take active part in the economic globalization process, grasping the opportunities to develop ourselves, and at the same time, proceed from the actual situation of our respective countries and bring our own advantages into play, foster strengths and circumvent weaknesses to welcome the challenges of economic globalization. After achieving its membership in the WTO, China will open wider to the outside world with a more active attitude, which constitutes an important step of China's energetic participation in the economic globalization. China will further open the market of trade in goods, trade in services and other areas, gradually advance the opening up of commerce, foreign trade, finance, insurance, securities, telecommunication, tourism, intermediary services and other fields.
China has a huge market with big potential and wide prospect.
With the ever deepening of China's opening drive and the ever improvement of our economic strength, Chinese economy will be more closely linked to the world economy, the huge market potential that China enjoys will be turned into realistic purchasing ability and more business opportunities will be provided to industrial and commercial communities of all countries in the world. I believe that the Chinese market will become one of the most energetic markets of vitality in the world, and an important component of the world market that allows no negligence. After entry into the WTO, China will undertake correspondent obligations while enjoying rights according to the principle of balance between obligations and rights. This is a very important reflection of the active participation by China in the economic globalization. As a big responsible nation, China will strictly abide by the WTO rules and honor its commitments.