Premier Wen Jiabao says ‘China now a fully open market economy’

Premier Wen Jiabao says ‘China now a fully open market economy’Beijing, Sept 14 : Chinese Premier Wen Jiabao has said that China today is a fully open market economy.

Xinhua quoted Jiabao, as saying that the nation is pursuing a `win-win strategy' of opening-up to increase the openness of the country''s economy.

He further said that since joining the World Trade Organization in 2001, China has speeded up its efforts to change the pattern of conducting foreign trade.

The nation has improved the import and exports structure, upgraded the processing trade and vigorously developed trade in services, Jiabao added.

Wen made the remarks at the opening of the World Economic Forum''s annual meeting of "New Champions 2011". (ANI)