First Financial Daily: (Ji Wenhua) Why does China take the initiative to strengthen w88 sports betting under the prevalence of unilateralism

(Source: First Financial Daily 2025-03-26)

Recently, the General Office of the State Council issued the "Opinions on Further Strengthening w88 sports betting Work" (hereinafter referred to as the "Opinions").

The head of the World Trade Department of the Ministry of Commerce said in interpreting the "Opinions" that in recent years, the international economic and trade pattern has undergone profound changes, and my country has gradually grown from a passive recipient and active convergence of international economic and trade rules such as the WTO to an important participant. The new situation puts forward new requirements and new tasks for w88 sports betting work.

The head of the World Trade Department of the Ministry of Commerce said that the World Trade Rules are the "underlying logic" of international high-standard economic and trade rules, and the basic principles such as openness, non-discrimination, openness and transparency advocated are consistent with the direction of our socialist market economy reform. Further strengthening w88 sports betting work will help create a first-class business environment, promote the construction of a unified national market, and promote the smooth flow of production factors and efficient allocation of resources by ensuring a non-discriminatory and transparent policy environment for all market entities, thereby releasing market potential and laying a solid foundation for steadily expanding institutional opening and building a new open economy system with a higher level.

How to understand, under the current situation of global unilateralism, the importance of the Chinese government taking the initiative to strengthen compliance and maintain the multilateral trading system?

In an exclusive interview with a reporter from the First Financial Daily,Ji Wenhua, professor at the National Institute of Opening-up and School of Law, University of International Business and Economics, and co-host of the WTO ProfessorTells the First Financial reporter that the compliance opinions issued this time (Guobanfa [2025] No. 12) have important positive significance.

"On the one hand, this is a good demonstration of the Chinese government's always committed to promoting reform and opening up, abiding by international rules and maintaining the stability and authority of the multilateral trading system. On the other hand, in the face of the current situation where the international economic and w88 sports betting system has been impacted, individual countries arbitrarily undermining multilateral rules, and abused domestic legal tools to circumvent international obligations, China's measures to strengthen compliance work not only show the image of a responsible major country, but also play a role in boosting confidence and sending positive signals to other countries that also respect and safeguard the international system."Ji WenhuaDenotes.

Professor Ji Wenhua, National Institute of Opening-up and School of Law, University of International Business and Economics/Advisory subject provided

"China always attaches great importance to the compliance of international rules"

First Financial Daily:Does strengthening compliance work mean that China pays more attention to the compliance of multilateralism and international rules in global w88 sports betting? How does this approach affect China's position in the global trading system?

Ji Wenhua:From the series of measures taken by the Chinese government, China has always attached great importance to the compliance with international rules. Since joining the WTO, China has cleaned up and revised domestic laws and regulations on a large scale, and issued its first compliance notice in 2014 (Guobanfa [2014] No. 29).

This release of opinions on strengthening compliance again reflects the Chinese government's long-term emphasis on the construction of the compliance system. The Third Plenary Session of the 20th Central Committee of the Communist Party of China clearly put forward the task requirements of "establishing a compliance mechanism that connects with internationally accepted rules". The release of this opinion is also the latest measure for relevant departments to implement the central spirit and decision-making requirements.

First Financial Daily:What are the main challenges facing the current multilateral trading system? How to deal with these challenges through compliance efforts?

Ji Wenhua:The biggest challenge facing the current multilateral trading system is whether it can effectively curb w88 sports betting unilateralism and bullying in the Trump administration in the United States, and whether other major members can jointly maintain the foundation of the multilateral trading system. This is related to the existence of the multilateral trading system.

The Chinese government issued new opinions on further strengthening w88 sports betting this time, which was a forward-looking deployment made as early as the Third Plenary Session of the 20th CPC Central Committee. It clearly demonstrated its clear attitude and international position to maintain the multilateral trading system, and was not only to respond to the abnormal trade policy movements of the Trump administration in the United States. However, under the current international situation, China's policy measures show the government's high attention to this issue and send a clear signal that China continues to support the multilateral trading system. It will play a positive role in responding to the challenges faced by multilateralism and opposing the spread of trade protectionism.

How to carry out future compliance work

First Financial Daily:In the future, how can China further promote w88 sports betting and promote the reform and improvement of the multilateral trading system to cope with the ever-changing international economic situation?

Ji Wenhua:Next, in accordance with the requirements of the opinions, relevant government departments will carry out work in many aspects and continuously improve them in promoting w88 sports betting. Among them, I personally believe that there are two levels of work, which need to be emphasized.

Secondly, the focus of compliance work is not only on its own compliance, but also on promoting the compliance process of other members' w88 sports betting measures at the external level. The new opinions particularly emphasize that the Ministry of Commerce will take the lead in conducting external compliance assessments, be responsible for raising concerns about other members' violations in the WTO, actively conducting consultations and negotiations, and safeguarding the legitimate overseas rights and interests of enterprises.

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