On The Principle Of The Generalized System Of Preferences In The Development Of International Law

Generalized system of preferences (GSP), accepted by GATT, is an importantprincipal of international development law. Developed countries started to provide GSP todeveloping countries since 1970's. GSP is a kind of unilateral tariff preference system,with the purpose of promoting economic growth in developing countries and strengtheneconomic strength of developing countries. It is propitious to establish new orders ofinternational economy. GSP has been playing an important part in extending developingcountries'export, increasing trade quotients and other aspects. However, along with thereducing of tariff again and again, GSP is more and more meaningless for developingcountries. Moreover, due to people's inadequate knowledge of GSP in practical using,varieties of preference-giving countries' protective measures and other problems, in fact,developing countries don't get the benefits brought by GSP adequately. Therefore, in thisarticle, I research GSP in the field of international development law to probe into how tomake better use of GSP to promote economic growth in developing countries, especiallyour country, in order to establish new orders of international economy. There are threechapters in this article. Chapter One introduces general situation of internationaldevelopment law and its main contents and principles, consequently educing the issue ofGSP. Chapter Two introduces basic complexion of GSP and analyzes its status ininternational development law and its effects to developing countries. Chapter Threemainly analyzes the status in quo of how China is using GSP, what issues we should payattention to and what countermeasures we should take.