Accession To The Wto And China's Foreign Trade Policy Adjustment

China has joined the World Trade Organization(WTO) formally. That shows that China will share all the rights given by multinational trade systems and will undertake corresponding liabilities. Lower trade barrier means that domestic industries will not develop smoothly absent of assisting. In the basis of obeying the rules of WTO, which foreign trade policy China should choose to meet with the challenge after joining the WTO? By analysising the connotation of WTO and comparing developed and developing countries' successful experience about how to regulate their foreign trade policy after their joining the GATT or the WTO, the thesis draws a important conclusion, that is: though the connotation of WTO is trade liberlization and WTO stands for free trade policy however it still admits the importance of trade protection. Thus it can beseen that WTO is a contradictory unity of freedom and protection. What's more, in fact, no country in the world implemented completely free trade policy, they still applied widely all kinds of protection measures to protect domestic industries. Therefore, by drawing lessons from other countries and taking account of China's national conditions, the thesis holds that the regulation aim of China foreign trade policy is implementing moderate degree protection foreign trade policy under the condition of free competition. That is, according to the general principle of WTO, opening gradually domestic market and reducing restriction conditions of entering domestic market so as to achieve free competition. At the same time, utilizing various exceptional protection measures of WTO to protect domestic infant industry and pillar industries.