pros-and-cons-after-china-entering-WTO.docx

《pros-and-cons-after-china-entering-WTO.docx》由会员分享，可在线阅读，更多相关《pros-and-cons-after-china-entering-WTO.docx（3页珍藏版）》请在第壹文秘上搜索。

1、AfterenteringWTOandsomeeconomicIntegrationorganizations,whatadvantagesanddisadvantageswillChinaconfrontwith?After15yearsofnegotiation,andmakingmaximumconcessionstoWTOmembers.ChinaeventualtygainedaccessiontotheWTOin11thDecember2001.TheChineseeconomyisnowsubjecttotherues-basedsystemoftheWTO1enhancinge

2、conomiccompetitionandcreatingamoreopenenvironmentfortradeandforeigninvestment.NowwewilltalkabouttheadvantagesanddisadvantagesthatChinawillconfrontwithafterenteringWTO.Advantages:1. Chinasbroadmmitmentsinstreamliningsubsidies,liftingpricecontrols,providingeffectivejuridicalprocedures,makingtransparen

3、tthedecisionmakingprocess,allowinggreaterparticipationoftheprivatesectorineconomicactivities,willassistgreatlyChinastransitionfromastillheavilyregulatedeconomytoarues-basedmarketeconomy.AlltherulesandregulationoftheintegrationorganizationlikeWTOwhicharenegativetoregulatedeconomycountrywillalsourgeCh

4、inatoreformandchangetomarketeconomytogainmorebenefitthroughworldtrade.2. ChinasaccessiontotheWTOandotherintegrationorganizationmeansapplicationofclearandcrediblerulesinChinascommercialrelationshipwithotherWTOmembers,itwillmeanmoreexternaltrade,andexternaltradeofabetterquality.Therewillbesubstantialt

5、a11ffreductionsamongChinasexistingtradingpartnersandtherewillbeaccesstomoretradingpartnersforChina.ThismeansmorepredictableandstablecommercialrelationshipwithChinastradingpartners.3. Chinawillbecuttingitstariffsonabroadrangeofproducts,fromagriculturaltoindustrial.Tariffreductionsallowcomparativeadva

6、ntagegreaterplay.Thetaskwasnotalwayseasybutthroughoutthispe11odwehaveseenChina,inimplementingthetermsofitsaccessiontotheWTO.progressivelyloweritstariffs,phase-outnon-tariffmeasuresandreducerestrictionsontradeinservices.Intradeingoods.Chinassimpleaveragetariffratedroppedfrom42.9percentin1992to10.4per

7、centatthebeginningof2004.ThecuttingofIarrtfsandthecancelingofkindsofrestrictionofimportwillbringmorebothindustrialandagriculturalproductstoChinawithmuchlowerprice,throughwhichincreasethewelfareofChineseconsumers.4. IncreasedforeigncompetitionintheareasabovewillforceChineseenterprisestospeeduptheirre

8、formstomeetthechallenges.Fromalargerandlongerperspective,furthereconomicliberalizationandintegrationintotheglobaleconomywillundoubtedlybeastimulustoregulatory,institutionalandculturalchangewithinChineseenterprises.Withoutparticipatinginintegrationorganization,thespeedofreformandimprovementofChinesee

9、nterpriseswillbemuchslower.Especially,itwillhelpthedevelopmentandimprovingtheCompetivenessofChineseserviceindustry.Theboundarybetv/eenthemanufactureandserviceindustriesisbecomeincreasinglyvague,asmanufacturers,especiallyindevelopedcountries,combinemoreserviceswiththeirproducts.ChinaisnowataCritiCalp

10、haseamjeconomicglobalization,agreatopportunitytodevelopitsownserviceindustryandtransferservicesandproductsfromhighquantitytohighvalue.5. MoreforeigncompaniesstreamingintoChina,whichnotonlyhelpingsimulateChineseeconomyandtechnology,butalsoprovidingahugesumofjobopportunities,which,inasense,willrelease

11、theunemploymentproblemofChina.AndalsoconnectingtotheWOridwillbringChinamoreinternationaltalents,theyincludestudentsstudyoverseaandforeignprofessorswhoarejustneededintodaysChina.6. ItimprovestheoverallenvironmentinwhichChinaseconomyoperatesandInwhichChinasforeigntradeisconducted.Someanalystsexpectcer

12、tainsector-specificbenefits,e.g.,possibleincreaseoftextilesandapparelexportsduetotheapplicationofquotaeliminationandincreasedquotagrowthforChinabyrestrainingcountries;apossiblerushofforeigninvestmentsintoChina,thusboostingemploymentandeconomicgrowth.7. HongKong.Macao,MainlandChinaandTaiwanhaveentere

13、dWorldTradeOrganization(WTO)oneafteranotherinaccordancewiththeWTOprovisionsonmembership.Asituationofonecountry,fourseatsinWTOhasemerged.Therelationsamongthe-fourseatsinonecountryarenotonlycharacterizedbyequalmembershipwithinWTO.butalsobydifferentcustomsregionswithinasovereignState.Itisarguedthatthe,

14、onecountry.fourseats”situationreflectsthelatestdevelopmentofinternationallaw,enhancestheawarenessofthe,0neChina,PrinapleininternationalCommunrty.andprovidesnewopportunitiesforMainlandChina,HongKong.MacaoandTaiwantoestablishclosereconomicandtraderelationsamongthemselves.Thegeneralview,nevertheless,is

15、thatWTOentrywillmeangrowth,integrationandglobalizationforthemainlandseconomy.Disadvantages:Ofcourse,injoiningtheWTO,Chinawillbothenjoyitsduerightsandundertakecorrespondingduties,thiswillunavoidablybringcertainpressureandchallengetous.1. Furtheropeningthemarketwillcausesomedomesticproducts,enterprise

16、sandindustriestofacemoreintensecompetition.AfteritsprojectedentryintotheWTO.ChinamustobserveWTOstipulationsonopeningthemarket,thiswillformcertainpressureonthespeedandstepsofouropeningthemarket.Alongwiththeexpansioninmarketaccess,thereductionoftariffsandtheabolitionof11on-tariffmeasures,moreforeignproducts,servicesandinvestmentswillpossiblyenterChinesemarkets,domesticenterpriseswillfacefiercercompetition.2. Chinasforeigneconomicandtrademanagementwill,