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        <hl1 id="Headline" class="1" style="Headline" MainHead="true">
          <lang class="3" style="Headline" font="Patrika18" fontStyle="Bold" size="15">New Chinese leadership to go by its WTO pledge
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          <lang class="3" style="Byline" font="Patrika18" fontStyle="Bold" size="15">AFP, Shanghai
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      <p style=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">When China's ruling mandarins complete the biggest transfer of power in a decade at the National People's Congress this month, China's World Trade Organisation commitments will figure prominently on the national agenda.
</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Led by President Hu Jintao and Premier Wen Jiabao, China's autocratic body politic are expected to have their work cut out as China's faces its second year of growing pains as a WTO member.</lang>
      </p>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">As part of its WTO commitment, China agreed to gradually reduce tariffs, eliminate restrictions on foreign investment and open up its market to foreign companies by 2007.</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">In exchange, Chinese goods are</lang>
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      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">supposed to gain wider access to the global market place.</lang>
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      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">"Its decision to join the WTO represents the leadership's decision to face globalisation</lang>
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      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">and become part of the world economy," said City University of Hong Kong analyst Joseph Cheng,</lang>
      </p>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">As a result, China's WTO commitments will heavily dominate its policy agenda.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Most members of the 144-strong global trade club have largely applauded China's compliance during its first year of membership.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Even the United states, which had previously voiced serious concerns about China's ability to live up to its obligations admitted that the mainland's performance had been better than expected since it joined in December 2001.</lang>
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