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The Impact of China’s Accession into the WTO on Its Political and Economic Life
----by Qiu Bin(邱斌)
Feb 2, 2004
School of Economics and Management
Southeast University
Nanjing, 210096,
binqiu@
I: The Goal of WTO
With a view to raising standards of living,ensuring full employment and a large and steadily growing volume of real e and effective demand,
Expanding the production of and trade in goods and service,
With the objective of sustainable development,
Positive efforts designed to ensure that developing countries ,,secure a share in the growth in international mensurate with the needs of their economic development
II: The Scope of WTO
WTO Agreement and its annexes
Annex 1
Annex 1A Multilateral Agreements On Trade
In Goods ( 13 Agreements )
Annex 1B GATS
Annex 1C TRIPs
Annex 2 DSU
Annex 3 TPRM
Annex 4 Plurilateral Trade Agreements
III: Structure of WTO
Ministerial Conference
General Council
Three sub-councils
Five mittees
Director-General and the secretariat
IV: Functions of WTO
Administering WTO trade agreements
Forum for trade negotiations
Handling trade disputes
Monitoring national trade policies
Technical assistance and training for LDC
Cooperation with other anizations ( and World Bank)
V: Principles of WTO
Principles based on Legal Documents
1) MFN Treatment
2) Tariffs Reduction
3) National Treatment
4) Transparency
5) General Elimination of Quantitative
Restrictions
6) Reciprocal and Mutual benefits
Core Principles
!. Nondiscrimination
2. Liberalization
3. Transparency
Principles Summarized by Some Chinese Scholars
一视同仁,公平竞争
公开透明,统一实施
开放市场,企业本位
减少干预,市场主体
灵活例外,合理保障
VI: Decision-making and Procedures
1. Basic practice: Decision-making by consensus
2. If decision-making by voting:
ordinary matters, taken by a majority of
the votes cast
special matters, procedures as follows;
1) interpretation of agmts,3/4 majority
2) waiving an obligation, ¾ majority
3) Amendmen