CHINA ACCESSION WTO

China Accession WTO

China Accession WTO

Introduction

China to join the WTO, the unremitting efforts made significant concessions, which is from global economic development, from China's economic modernization and the need for reform made the right decision. We are keenly aware that the accession to the WTO, China's economy faces both development opportunities and grave challenges, a number of industries and businesses will be hit. But the stock of the situation, on balance, more good than harm to China's WTO accession, the main positive effect. Joining the WTO is China's reform and opening up and economic development of their own needs. WTO is the world deal with an important international trade organizations, whose basic function is to formulate and supervise the implementation of multilateral trade rules, the organization of multilateral trade negotiations to resolve trade disputes among members, on the world economic and trade development play an irreplaceable role. Currently, trade between WTO members account for 95% of global trade. China's accession to the WTO, the world's largest multilateral trading system, will further strengthen our country and the world economic and trade ties among countries and regions, in order to expand China's opening up new space will help promote China's socialist market economy system, the National sustained, rapid and healthy development of new vitality, and China's reform and opening up and establishing a socialist market economic system is consistent with the objectives.

Analysis

Deeply involved in China's WTO accession process of economic globalization needs. Economic globalization is the world's economic development is an important feature, which is the rapid development in science and technology driven, global operations by multinational companies as a carrier in the world, a profound within the industrial structure adjustment. Economic globalization is an objective trend of world economic development, it is a double-edged sword, used well, is subject to its benefits; used properly, is subject to its loss. The key is to comprehensively look at this trend. This requires us to dare and to be good under the conditions of economic globalization, international division of labor and cooperation, while avoiding disadvantages, make full use of favorable factors and resources to accelerate its development and expansion of their timely prevention and control of possible adverse factors and risks. By joining the WTO, we will further accelerate the improvement of the pace of the socialist market economic system, in a broader and deeper level the opening-up, which for our effective participation in economic globalization has created important structural conditions and policy support.

China's accession to the WTO is the need for the WTO itself. China is the world's largest developing country, without China's participation, the WTO is incomplete, does not reflect the universality of the multilateral trading system and impartiality. China's accession to the WTO to launch a new round of multilateral trade negotiations, the establishment of new international economic order will play an active and constructive role. After joining the WTO, China's economic system will be more in line with prevailing international rules, greatly improving China's industrial and ...