China’s accession to the WTO and reform of China’s economic structure

Accession to the WTO was the important end-result of many factors but also the start of new departures for economic restructuring in China. The process infused new vitality into China’s reform process. It pushed China forward in its reform of the economic system, spurred by the various agreements of the WTO and the basic demands of developing a socialist market economy. As a result, China has been able to advance the reform of its economic structure in particular.