China will develop an open all round economy by takingadvantage of the pending accession to the WTO, Zhang Xiang,Vice-Minister of Foreign Trade and Economic Cooperation saidat the recently held Second Forum on Globalisation. Zhang said in respect to the promotion of trade, Chinawill, as committed, lower tariff, gradually abolish the approvalsystem for foreign trade, gradually reduce and finally abolishrestrictions on import quantities, establish a financial supportsystem complying with international practice, spread the use ofE-commerce, and establish a foreign economic and trade infor-mation service system. For convenience when investing, he China will develop an open all round economy by taking advantage of the pending accession to the WTO, Zhang Xiang, Vice-Minister of Foreign Trade and Economic Cooperation saidat the recently held Second Forum on Globalization. Zhang said in respect to the promotion of trade, Chinawill , as committed, lower tariff, gradually abolish the approvalsystem for foreign trade, gradually reduce and finally abolishrestrictions on import quantities, establish a financial supportsystem complying with international practice, spread the use ofE-commerce, and establish a foreign economic and trade infor-mation service system. For convenience when investing, he