Sino-Vietnam Trade Research Under WTO System

The Vietnamese Republic is bordered with China, and there have similarities between these two countries in the aspects of industrial structure, social culture, and even social system. Sino-Vietnam trade is not the same as China and other nation's trade, because Sino-Vietnam trade includes frontier trade aspect. The article focuses on the analysis of Sino-Vietnam trade condition, in which Sino-Vietnam trade history, trade transform situation after the reform and open policy, commodity structure as well as competitive relations in the process of Sino-Vietnam trade are analysed. Meanwhile, it also refers to a series of deficiencies which Sino-Vitenam trade is facing at present. The article analyses the factors which affect Sino-Vitenam trade from four aspects, that is, trade structural change brought by the economical growth, cultural similarity promoting Sino-Vitenam trade, similarity in social system reducing transaction cost in the trade process, geographical position superiority bringing the positive effect in frontier trade. After Vietnam's entering into WTO, Sino-Vitenam trade has undergone great changes, and brought opportunities and challenges to China. The article proposes its views on guiding ideology, trade strategy and trade countermeasure these three aspects. In the guiding ideology aspect, China must persist in the open policy, the all-win policy, the cooperation policy, the safe and effective policy. As to strategic choice, China also must implement the overall plan for the coordinated development in both international and domestic market, realize the trade development strategy of "linkage of inside and outside" balance; it also must display the comparison superiority, promote the frontier trade and implement the open strategy. On the concrete trade measures, China has to carefully study the WTO trade rules, perfect market economy system, improve policy environment, adjust trade structure and solve the problems of trade deficit and trade conflict etc.