Positive and Negative Influence of WTO Membership on Chinese Economy and on Certain Industries
Zhang De
Abstract
Zhang De
Abstract
China will soon become a member of WTO and WTO membership is a mixed blessing. Yet both from a short term and from a long term point of view, WTO membership is of greater advantage than disadvantage for China's economic development. WTO membership marks a new stage in the development of China's economic opening to the outside. As long as China is well prepared and takes effective measures to deal with various situations, WTO membership will contribute to the development of China's social productive forces.
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China will soon become a member of WTO and WTO membership is a mixed blessing. Yet both from a short term and from a long term point of view, WTO membership is of greater advantage than disadvantage for China's economic development. WTO membership marks a new stage in the development of China's economic opening to the outside. As long as China is well prepared and takes effective measures to deal with various situations, WTO membership will contribute to the development of China's social productive forces.
Key concepts: Blessing, China, Disadvantage, Point (geometry), Economic system, Economics, Business, International trade