Chinese and US officials are praising China's efforts to meet World Trade Organization (WTO) commitments saying it is a win-win for everyone - China and the world.

The last major obstacle for China is to open its financial sector. That wall will come down by Dec. 11th of this year.

China's WTO negotiator says, "I welcome more foreign companies from the financial sector to come to China; I expect them to develop and grow as rapidly as possible, which may motivate Chinese companies to grow stronger as well."

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