The Prudential Carve-out Under The Framework Of GATS

The period of China's accession to WTO has been seven whole years, how to further strengthen China's trade strength, especially to have a firm footing in trade in services, will be a subject worth studying. Among trade in services, financial services trade is the most important one . On how to not only share the benefits of financial liberalization,but better safeguard the country's financial security and financial interests of consumers, The Prudential Carve-out in the "Annex financial services" under GATS have an explicit explanation.This clause actually contains such things as the content, standards, as well as the role and the cited conditions of "prudential Carve -out".This article will mainly make analysis about the things mentioned above, and in the last section of the article will propose on how to deal with the matters on "prudential Carve-out".