The World Trade Organization (WTO) welcomed China’s decision to stop seeking renewed special treatment in future trade negotiations, calling it a step toward a fairer global trading system.
WTO Director-General Dr. Ngozi Okonjo-Iweala described the move as “pivotal.” It followed Chinese Premier Li Qiang’s announcement at the UN General Assembly that Beijing would no longer request special and differential treatment reserved for developing countries.
China emphasized that it still considers itself a developing nation, but said the decision shows responsibility as the world’s second-largest economy. The WTO hopes the step will boost reform efforts and create a more level playing field for all members.
Beijing’s conciliatory tone at the WTO rests on its substantial economic clout, including a significant share of the global electric vehicle market.
