Reflecting on a decade of success

Naoyuki Shinohara, deputy managing director of the International Monetary Fund

One way to summarize China's achievements is in a few simple numbers: Since WTO accession, the share of merchandise exports has risen by 10 percentage points of GDP and imports have increased by 20 percentage points of GDP.

Obviously, there were several factors behind these achievements. But the success of China's WTO accession stands out.