THE INFLUENCE OF WTO ENTRY ON CHINA'S P/M INDUSTRY AND OUR STRATEGIES

There exists a big disparity between domestic and foreign P/M industries.China's WTO entry will promote the development of P/M industry by taking advantage of foreign funds,resources and techniques.But the WTO entry will bring impact to domestic electromechanical industry and also the international financial capital will bring impact to the price in raw material market,either will cause negative affects to China's P/M industry.China's P/M enterprises should clearly aware of the potential competition conditions in 21 st century.Facing the challenge from China's WTO entry,China's enterprises should take advantage of the benefit that might come from entering the WTO by making effort in getting depth knowledge on the main principle of WTO,extending economical and technical exchange and cooperation worldwide,enhancing the key competitive power of oneself,as well as making innovation on their organization and management and improving the capital operations.