|Statement||Douglas Zhihua Zeng.|
|Series||Policy research working paper ;, 3522, Policy research working papers (Online) ;, 3522.|
|The Physical Object|
|LC Control Number||2005616666|
Abstract Although China has made impressive progress in economic development and improving social well-being, it is facing many daunting challenges while transforming toward a knowledge and service-based economy and further opening up to international competition after its WTO accession in the context of knowledge revolution. accession to the WTO is a momentous event in China's opening-up to the outside world. If we describe the Canton Fair as a window China opened to the world, then the accession to the WTO can be seen as a door China opened to the world. If we describe the Canton Fair as China extending a hand to the world, then its WTO membership is. In conclusion, China’s accession to the World Trade Organization is a landmark event, one that has wide ramifications for China, the United States, the WTO, and the world as a Author: Nicholas R. Lardy. 2 In at its WTO accession, China’s GDP stood at trillion USD, ranking the world’s 6th, while in , it topped 10 trillion USD, increasing by nearly 8 times, and ranking the 2nd globally. Still in , China’s trade in goods was valued at trillion USD, ranking the 6th in the world, while in , it reached trillion USD, growing over 8 times, and.
Five years after WTO accession, foreign financial institutions will be allowed to provide Renminbi services to all Chinese customers. Foreign insurance companies can set up non-life insurance subsidiaries or joint ventures in China, and foreign businesses will be allowed to establish solely foreign-owned subsidiaries. The book explores the macroeconomic and sectoral employment implications of China's accession to the World Trade Organization (WTO), arguing that short-term losses may occur due to . The WTO is a rules-based, membership-driven organization with member countries. China joined the WTO on Decem To mark the tenth anniversary of China’s WTO entry, WTO Director-General Pascal Lamy recently discussed China’s role in the WTO with CBR Editor Paula M. Miller. The fifth director-general of the WTO, Lamy began his. WTO Entry Boosts China's Economy China's World Trade Organization (WTO) entry has boosted its economic growth and advanced its legal and governmental reforms.
The advantages of World Trade Organization (WTO) membership have helped accelerate China’s historic return to global economic prominence in the past 10 years. Since entering the WTO in , China has benefited from WTO rules that lower tariff and nontariff barriers to trade for all WTO members and that prevent WTO members from engaging in. China and the WTO: accession, policy reform, and poverty reduction strategies (English) Abstract. China's accession to the WTO requires a great many specific policy reforms. However, if the best results are to be obtained, it is important that these reforms be implemented as part of a consistent development program, rather than simply by Cited by: November 6, viii IMD, The World Competitiveness Yearbook , Lousanne, Switzerland ix China Labour Bulletin / China News Services, 3 Feb x Zeng, Douglas Zhihua, China’s Employment Challenges and Strategies after the WTO Accession, World Bank Policy Research Working Paper , February xi Ghose, Ajit K.: Employment in China. China's Construction Industry After WTO Accession: Opportunities, Challenges and Strategies. Author(s) Stewart, Rodney. Jiang, Z. Griffith University Author(s) Stewart, Rodney A. Year published. Metadata Show full item record. Conference by: 2.