The Path Of Regional Liberalization Of Trade In Services And China's Option

Regional economic integration has become a significant feature of the world economy, most countries and regions in the world have been involved in this wave, the vast majority of WTO members have taken part in one or more regional trade arrangements, or have their own regional integration strategy. At present there is more than half of global trade took place in a variety of regional groups under the condition better than WTO's most-favored-nation treatment. At the Doha round of WTO negotiations will not ring true, Many countries shift focus of economic and trade strategy from WTO free-trade areas. Since 1995, January 1st ,"the General Agreement of Trade in Services" (GATS) came into force, trade in services are formally incorporated into the jurisdiction of the multilateral trading system. This is on the response to the rapid development of trade in services. They are important results of members of WTO at the Uruguay Round negotiations on a long history. GATS allows more favorable opening commitments on trade in services in regional economic integration agreements at the "economic integration" provisions between the countries than non-Agreement. It has also become an important part of regional economic integration arrangements. In recent years, because the process of multilateral liberalization of trade in services setback, the regional liberalization of trade in services developed quickly. Conform to this trend, China has attached great importance to and actively participates in the development of regional economic integration, and carries out regional agreements of trade in services negotiations. In this process, what's relations between the multilateral and regional path, what's the path of the regional implementation of trade to benefit most, how to grasp in the region under the plurilateral and bilateral agreements, it's meaningful to the development of China's trade in services, and has practical significance to the opening up with a reasonable relevance .This paper analyzes China's service trade situation and challenges under the situation of the liberalization of trade in services and regional integration development, by exploring the development of trade in services liberalization in the region and the basic theory of motivation. Basic theories tell us what effects liberalization of trade in services bring about by the regional economic, as well as what the benefits of participating countries we get from our comparison by using qualitative measures. Then through the quantitative comparison of China's participation in regional trade in services agreements, we conclude on trade in services of different characteristics of regional agreements: different regional agreement of trade in services with the characteristics of the different advantages. So that China should participate in regional trade liberalization in a flexible way, based on the needs of the development in accordance with its combination of plurilateral and bilateral regional service agreements with the advantage of the characteristics.