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Accession To The Wto Of China's Oil Industry Opportunities And Challenges And Business Development Fundamental Way Out

Posted on:2001-10-15Degree:MasterType:Thesis
Country:ChinaCandidate:J Z WangFull Text:PDF
GTID:2206360002951787Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Being an important strategic commodity related to the nation's economy and the people's livelihood, edible oil is now shouldering the dual responsibilities of meeting the increasing needs in the people's material and cultural lives, and of providing economic accumulations for the nation's constructions. Development of edible oil industry indicates the civilization degrees of human beings, and, therefore, is the most important composition in the national economy. Edible oil industry being its traditional key industry, China is one of the main countries that produce edible oil, with its output of rapeseeds and peanuts being in the first place in the world. In 1999, the total output of various edible oil materials in China was 25.12 million tons; the output of edible oil was 7.21 million tons. However, edible oil imported from abroad in that year reached the number of 3.5 million tons (that is, 32.7% of our total output). Considering the large population of 1.25 billion in the country, the yearly consumption of edible oil was only 8.6 kg per person, which undoubtedly proves that China is in a serious shortage of edible oil. According to the requirements raised in The Ninth Five-Year Plan for National Economic and Social Development and the Long-Range Objectives to the Year 2010, the annual output of edible oil should be 11.2 million tons, with an average consumption of 9 kg per person. Take the data of the year 1999, the total production of edible oil in the whole country could only meet 67.3% of the people's need. This is why the market potentiality should be increasingly paid attention to. Nowadays, with the development of globalized economy, and with the process of domestic economy being merged into international economy, edible oil industry in China has been seriously challenged, and, simultaneously, has come cross lots of golden opportunities. What must be done is no way out but to follow the trend of the times and to contribute what we can to develop vigorously national industries. This thesis, basing on an thorough and systematic analysis on the national edible oil industry, is to expound the opportunities and challenges which edible oil enterprises will face with after China's entry into WTO, and is to deal with the approaches to accept the above-mentioned challenges by way of promoting the international competitive power of the enterprises.With a review of the fifty-year's progress of edible oil industry in China, this thesis reveals its present situations as well as both its advantages and disadvantages. Nowadays, China has numerous small-sized edible oil enterprises, which have lagged far behind those of the developed countries in technology and equipment, and which have produced no well-known brands of products in both home and abroad. Many effective methods of strengthening competitive power of the enterprises in this completely new 21st Century with globlized economy, therefore, have been raised in such aspects as the creations of technology and management system, the formative mechanism of entrepreneurs, the excitation mechanism, and the recreation of the privately-owned enterprises. In the present ages of integrant world economy, each country is a compositive part of the globlized economical system, and its international exchanges are of all-round localities and have multiple management levels, which imply not only competitions of products, but also those of services, capitals, technological and labor powers. For the sake of development, resources and markets needed can only be obtained by the enterprises' involving into international competitions. Examining, from a special angle, the present situations of the traditional industry of edible oil production, this thesis points out the golden opportunities and serious challenges which all the enterprises will face with after China's entry into WTO, and, in the views of comparative advantage theory, concludes that more advantages available will function well to the enterprises than the disadvantages do. Considering the developmental trends of t...
Keywords/Search Tags:Opportunities
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