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Chinese vice-premier meets Wal-Mart president (10/30/03)

China will fulfill its commitments to the World Trade Organization, further open up its commercial sector, and support multinational companies to expand their business in the country, a senior official said on Oct.30.

 Vice-Premier Wu Yi made the remarks when meeting with Lee Scott, president and CEO of Wal-Mart Stores Inc. of the United States.

 Wu congratulated Wal-Mart on ranking first among the world's top 500 companies selected by Fortune magazine, expressing appreciation for the company's efforts in promoting Sino-US trade and economic cooperation and hoping Scott will make more contributions to the cooperation.

  Scott expressed admiration for China's achievements since the reform and opening-up, saying Wal-Mart will go on propelling the two nations' friendship and cooperation. He added that he sincerely hopes China will make more achievements in its economic development and social progress.

 

 


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