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中国社会科学院财贸所副所长

 
 
 

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中国社会科学院财贸所副所长,《财贸经济》副总编,兼任信息服务与电子商务研究室主任,服务经济与餐饮产业研究中心主任。研究员,中国社会科学院研究生院教授,博士生导师,经济学博士。

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post -wto era global trade regime  

2008-02-23 03:30:34|  分类: 国际贸易 |  标签: |举报 |字号 订阅

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Professor Jing Linbo    Email: jinglinbo@sina.com

Institute of Finance and Trade Economics, CASS

 

Abstract:

Since its entry into the WTO, China has already fulfilled the related pledge very well. In the post-WTO era, China must examine the new changes in the international trade regime, explore the possibility of regional trade cooperation under the WTO existing framework, concern about the development trends of new trade protectionism, and properly handle the relationships between China and the major trading partners, in order to avoid the risks of globalization, ensure the stability of international trade benefits. Meantime, China should positively bear the responsibility of “a big trading country”.

 

Key words: WTO, Global trade regime,RTAs

 

Introduction

Global trade regime has been one of the most popular topics and lot of papers and books have also been published, like Bhagwati and Panagaryia(1996)[1], Cohn(2003)[2] , Philippe Aghion & Pol Antras & Elhanan Helpman, (2004,2007)[3].

China became a member of the World Trade Organization (WTO) in 2001. China has already fulfilled the related pledge very well since then. In a five-year transition period, China has been praised as a responsible big country by the WTO members. WTO Director-General Pascal Lamy said that “In general, China’s performance is A +”.[4] Of course, there are criticisms on China's post-WTO performance.

According to “Protocol on the Accession of China” and “The Working Group Report on the Accession of China”, by the provisions of obligations, China has conscientiously fulfilled the commitments, and created more equitable and normal import market environment. For example on tariff reduction, China has carried out four significant tariff cuts during five years, and the range of tariff reduction on some important industrial products is considerably large. For example, on the vehicle, the tariff is from 80 to 100 percent before accession to the WTO, dropped to 43.8 percent in 2002, and reduced to 25 percent on July 1, 2006.The average tariffs on agricultural products dropped from 16.8 percent in 2003 to 15.3 percent in 2006, and reduce again to 15.1 percent in 2008.

For those developed agriculture countries, the tariff on agricultural products is 12 percent in the United State, 20 percent in the European Union, and 35 percent in Brazil, Argentina, and other countries respectively. In fact, in view of the opening up of agricultural products market, China has taken to the forefront in almost all WTO members.

In addition, China has begun to participate in the “Information Technology Products Agreement” since 2003,and China has a commitment that the tariff of products under the agreement should be dropped to zero before 2005. From January 2, 2006, China reduced further more than 100 kinds of import tariffs, involving vegetable oil, raw chemical materials, automobiles and auto parts, and so on.

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