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INFLUENCES OF CHINA'S WTO ENTRY ON HEAT TREATMENT INDUSTRY

Zheng Zhao-xia

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Abstract

Analyzed influences of China＇s WTO entry on heat treatment industry. Th e main disadvantages include more professionals lost, more enterprises reorganiz ing and slowing down of economical developments of enterprises in short-term .O n the other hand, the advantages mainly include promoting the setting up of the market economical system, improving levels of science and technology and the man agement, and transforming the old ideas. Also concisely suggested how to catch u p the opportunity and face the challenges after China＇s entry to the WTO.

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What this paper is about

Analyzed influences of China＇s WTO entry on heat treatment industry. Th e main disadvantages include more professionals lost, more enterprises reorganiz ing and slowing down of economical developments of enterprises in short-term .O n the other hand, the advantages mainly include promoting the setting up of the market economical system, improving levels of science and technology and the man agement, and transforming the old ideas. Also concisely suggested how to catch u p the opportunity and face the challenges after China＇s entry to the WTO.

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Available abstract

Analyzed influences of China＇s WTO entry on heat treatment industry. Th e main disadvantages include more professionals lost, more enterprises reorganiz ing and slowing down of economical developments of enterprises in short-term .O n the other hand, the advantages mainly include promoting the setting up of the market economical system, improving levels of science and technology and the man agement, and transforming the old ideas. Also concisely suggested how to catch u p the opportunity and face the challenges after China＇s entry to the WTO.

Key concepts: China, Business, International trade, Face (sociological concept), Industrial organization, International economics, Economics, Political science

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