The World Trade Organization (WTO) on Wednesday welcomed Chinaโs decision not to seek new special treatment in future WTO negotiations, calling it a step toward a more equitable global trading system.โThis is a pivotal moment for the WTO,โ said Ngozi Okonjo-Iweala, WTO Director-General, news agency AFP reported. โChina’s decision reflects a commitment to a more balanced and equitable global trading system.โChinese Premier Li Qiang announced on Tuesday, during a high-level meeting on the sidelines of the United Nations General Assembly, that Beijing would no longer pursue special and differential treatment โ privileges granted to developing nations โ in upcoming WTO talks, according to Chinaโs official Xinhua news agency.Li described China as โa responsible major developing country,โ emphasizing the announcement was aimed at addressing challenges to the multilateral trading system.Li Yihong, Chinaโs charge dโaffaires at its WTO mission, told reporters that the decision does not change Chinaโs classification as a developing country. โThis is a concrete measure to proactively assume responsibility and demonstrate the commitment of a major developing country,โ she said.Special and differential treatment under WTO agreements allows developing countries longer timeframes for implementing commitments and measures to expand trading opportunities. Wealthier nations, including the US, have argued that China, now the worldโs largest merchandise trader, should relinquish such privileges.Okonjo-Iweala said the move โmarks a significant step in the ongoing discussions about the role of large, advanced developing economies within the multilateral trading systemโ and โsends a strong signal of support for WTO reform, helping foster a more level playing field for all members.โShe added that the decision โwill energise discussions and help the WTO work toward a more agile and effective organisation for the 21st century.โ