China's foreign trade will face more fierce compet

2022-08-26
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China's foreign trade will face more fierce competition after China's entry into the WTO

China's entry into the WTO will have a significant and far-reaching impact on the development of China's foreign trade and economic cooperation, not only because foreign trade and economic cooperation is an important part of the national economy, but also because foreign trade and economic cooperation is the direct means and link for China to integrate into the international economy. The impact of China's entry into WTO on China's economy is first transmitted through foreign trade and economic cooperation. The impact of foreign trade and economic cooperation specifically includes foreign trade, foreign investment and international economic and technological cooperation

China's entry into WTO is conducive to promoting the development of foreign trade. At the same time, China's foreign trade will face more fierce competition after China's entry into WTO. From the perspective of the domestic market, due to the gradual opening of the market and the continuous increase of imports, those enterprises that compete with imported products are facing great competitive pressure. After China's entry into the WTO, foreign businessmen will be gradually allowed to operate import and export business, and the competition between foreign trade entities is also becoming more intense; From the perspective of the international market, the export of labor-intensive products is also facing competition from Southeast Asian countries with lower costs, and the growth of the export of labor-intensive products is one of the main positive effects of China's entry into the WTO on China's foreign trade, and the foreign trade competition is more intense after China's entry into the WTO. Therefore, to make good use of the opportunities brought by China's entry into WTO, we must prepare for strategic adjustment immediately. China's accession to the WTO has not come easily, and the negotiations have lasted for 15 years. The difficulty of the negotiations shows China's determination to integrate into the world economy and adhere to reform and opening up. After China's entry into the WTO, our primary task is to make ideological preparations. We must abide by the relevant rules of the WTO, act according to the laws of market economy, adhere to the opening-up policy that is compatible with China's economic development level, and establish a good international image, which is also fundamentally conducive to the development of China's market economy; Change the guiding ideology of foreign trade work, change the focus from export earning foreign exchange to efficiency and improving competitiveness, resolutely reverse the situation of competitive bargaining, vicious competition and giving people the pretext of dumping, ensure the normal interests of foreign trade exports, and also promote foreign trade enterprises to embark on the track of benign development; It is urgent to carefully study and study the relevant WTO regulations. Import and export should act in accordance with the WTO rules. Only by being familiar with the rules can we make good use of the rules, develop the rules, and ensure the legitimate interests

accession to the WTO is conducive to promoting the reform of the foreign trade system. The basic spirit of the WTO is to implement a set of market economy rules. After entering the WTO, we must first adjust the basic principles of the foreign trade system, and gradually implement the principles of national treatment, free trade and fair competition, that is, treat domestic and foreign enterprises equally, free trade for domestic and foreign enterprises, relax market access conditions, and equal competition for all kinds of enterprises. This is not only the requirements of the WTO, It is also in line with the law of economic development of the airport, which often uses the 1000 (5) 000n tension test, which is conducive to the development of foreign trade in the long run; Secondly, we should speed up the pace of diversification of foreign trade subjects, especially to promote the rapid development of private foreign trade enterprises. Diversification of subjects is conducive to reasonable competition in the field of foreign trade; To maintain the fairness and transparency of foreign economic and trade policies, the formulation of foreign economic and trade policies should conform to the basic spirit of the WTO, and should be transparent, and all internal regulations and instructions should be abolished; The urgent task is to quickly change the functions of the competent foreign trade and economic cooperation departments. The functions of the competent foreign trade departments are changed from administrative leadership to service, focusing on ensuring the implementation of fair trade, studying the development trend of World Trade and providing relevant information to the whole society, guiding the development of industry associations, making them play their due role, and making necessary coordination and supervision of the behavior of trade subjects; International practices should be adopted to allocate foreign trade resources. For example, the allocation of a few quotas should be carried out by auction, so as to minimize market distortion

joining WTO will expand the scale of introducing foreign trade. After China's entry into WTO, China's investment environment will be greatly improved. The long-term rapid economic development and China's further integration into the international community will increase the confidence of foreign investors. In addition, China will open up some new investment fields in succession to provide a broader investment space for foreign investors, and the scale of China's introduction of foreign capital will be expanded. In the process of introducing foreign capital, we should make the following strategic adjustments: we must abide by the WTO rules, implement the principle of national treatment, gradually eliminate the "super national treatment" that has been implemented for a long time to attract foreign capital, and also eliminate the discriminatory restrictions on foreign capital, such as the requirements of investment proportion, product sales requirements, foreign exchange balance requirements and various nonstandard charging behaviors; Actively guide the flow of foreign capital to departments with high technology content, revise and improve the catalogue of industries guiding the use of foreign capital, which should not only ensure the reasonable profits of foreign capital, but also be conducive to China's economy. It is convenient to detect the long-term development through the torque coefficient tester; We should focus on the source of funds from developed countries. After China's entry into WTO, the investment subject will show a trend of diversification. The source of funds in developed countries is still the main body. Developed countries have technological innovation advantages and management advantages. Attracting investment from multinational companies in developed countries is conducive to using their complete sales network to expand the world market. More importantly, it can improve the technical level of China's industry and promote the upgrading of China's industrial structure; Guiding foreign investment in the central and western regions and increasing investment in the central and western regions are conducive to the coordinated development of the national economy

after China's entry into WTO, the field of foreign investment will be further expanded. China's accession to the WTO promises to gradually open up sectors such as telecommunications, banking, insurance, tourism, commerce and professional services, providing a broader space for foreign investment, and the field of foreign investment will be broadened. The competitiveness of these new investment areas is often very limited. The "WTO accession" commitment generally stipulates a transition period of 2-5 years. It is crucial to make good use of the transition period to carry out necessary adjustments and reforms and enhance the affordability of competition. After joining the WTO, the form of foreign investment will also change, and foreign direct investment is still the main form. According to the development trend of international investment and the current situation of China's financial market since the 1990s, the foreign capital introduced by China after China's entry into the WTO is still dominated by foreign direct investment, and the forms of commercial loans and bond financing will increase, but the scale is small. Foreign direct investment is conducive to technology transfer and the economic growth of the host country. At the same time, we should also actively encourage BOT, TOT and other project financing methods to speed up the construction of infrastructure and major projects

accession to the WTO will further expand international economic cooperation under the instigation of "X5". International economic cooperation should also be handled according to the rules of market economy, and China's international economic cooperation should be adjusted under the two major trends of world peace and development. In particular, in terms of foreign aid, we should change the simple foreign aid to the coordination of foreign aid and diplomatic and economic development; Improve the level of cooperation, constantly improve the technical content and management level in labor export and project contracting, strengthen cooperation with developed countries in this field, and improve China's position in international economic cooperation; Pay attention to the coordinated development of trade liberalization and economic and technological cooperation, learn from and make use of the experience of APEC, and emphasize that the trade liberalization of developing countries must be carried out simultaneously with the strengthening of economic and technological cooperation with developing countries by developed countries, and be carried out simultaneously with the cultivation of economic growth capacity, which is conducive to the long-term stable development of the world economy

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