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Aerial photo taken on May 4, 2021, shows the city view in Haikou, capital of south China's Hainan Province. Haikou, an important city of China's Belt and Road Initiative is also a core city for the construction of free trade port in Hainan Province. (Xinhua/Zhang Liyun)
Joining the World Trade Organization (WTO) in 2001 has become a watershed event in China's development, not just in terms of the phenomenal changes happening within China, but also its interaction with the rest of the world, in particular the global spillovers of its economic expansion.
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