The World Trade Organization(WTO), established on January 1, 1995, is an open, non-discriminatory trading system. As a successor to the GATT, established in the wake of the Second World War, it is to help world's trade flow freely, fairly and predictably.
While the WTO is still young, the multilateral(多边的)trading system that was originally set up under GATT is already 50 years old. The system celebrated its golden jubilee(50周年纪念)in Geneva on 19 May, 1998, with many heads of states and government leaders attending.
The past 50 years have seen an exceptional(罕见的)growth in the world trade. Merchandise exports grew on average by 6% annually(每年地). Total trade in the WTO has helped to create a strong and prosperous trading system contributing to unprecedented growth.
China was an original member of GATT, but for historical and political reasons it was withdrawn from GATT by the government in Taibei in 1950. But over the last several years, China hopes to be seeking to resume(恢复)its contracting party status. China has become a member of the WTO before the body starts a new round of negotiations(谈判)late this year. Premier Zhu Rongji paid a nineday US visit from April 6, 1999. He is the first Chinese Premier to visit US. President Clinton agreed to have talks on China's entry into the WTO with a new round of negotiations in Beijing.
Now China has joined the WTO. China's entry into the WTO is not only of economical but also of political importance. China has made attracting progress since its reform and opening up to the outside world. It is growing more and more powerful in economy. China cannot be without the world just as the world cannot be without China. The entry of China into WTO will further strengthen the comprehensive national power of China; it can also quicken the economic development of the world.
According to the context, the underlined word in the first paragraph can be replaced by ______.
A.ordinary | B.fair | C.special | D.safety |
GATT was founded in ______.
A.1948 | B.1950 | C.1995 | D.1998 |
According to the passage and picture when did Shi Guangsheng, Minister of Chinese foreign economy and trade, signed the papers in Doha on China's accession to the WTO?
A.10,10,2001. | B.11,11,2001. | C.12,11,2001. | D.11,10,2001. |
Which of the following is the best title for the passage?
A.A General Introduction of WTO |
B.How WTO Came into Being |
C.GATT and WTO |
D.WTO and China |