GROWING TOGETHER.

In the same year, China joined the World Trade Organization (WTO), despite controversies that the entry would pose challenges within the domestic market. The WTO hopes to strengthen communication with China, jointly advance the reform of the WTO and make positive contributions to the healthy development of world trade, according to her. Sprouting attraction French luxury group LVMH has witnessed China's market growth and opening up since its WTO entry allowed global fashion brands to gain access to Chinese domestic retail business. [Extracted from the article]