China became a member of the world trade organization wto on 11 december 2001 after the agreement of the ministerial conference the admission of china to the wto was preceded by a lengthy process of negotiations and required significant changes to the chinese economy. Chinas accession to the world trade organization wto in december 2001 was heralded by the international community as a victory for free trade and economic liberalization during its arduous 15 year accession process china made extensive commitments to reform domestically and reduce trade barriers. China pledges usd 500000 to support wto accession and least developed countries 1 december 2020 the government of china has pledged to renew its contribution of usd 500000 chf 451500 to the wt united states appeals panel report regarding us tariffs on chinese goods
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