Since the year 1978, China's traditional export stimulation featuring the mercantile doctrine has entailed urgent and major problems while contributing much to the high speed expand of it's economy and foreign trade , and it's WTO membership commits itself to the rules and agreements which ultimately aims at the liberalization of world trade, thus the former preferential policy concerning export regulation is under pressure of adjustment to a more neutral one, which will instead focus on the facilitation and promotion of it's export. Meanwhile, the lack of competitive edge has frequently exposed it's labor-intensive and low value-added export to the menace of the prevailing new protectionism and the trade dispute or friction. Therefore, new export policy and supporting measures should be fabricated in such a way as to guarantee the sustainable development of its foreign trade. |