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Accession To The Wto On China's Agricultural Trade

Posted on:2006-09-05Degree:MasterType:Thesis
Country:ChinaCandidate:J H BoFull Text:PDF
GTID:2209360182456767Subject:Business Administration
Abstract/Summary:PDF Full Text Request
China's entry to the WTO will definitely have a profound influence on its agricultural trade. In the meanwhile, it is necessary that we thoroughly study the WTO rules on agricultural trade, particularly "the Agriculture Agreement". In this article, I introduced the main content of this agreement in details. At the same time I compared the commitments made when China joined the WTO. Furthermore, I analyzed basic characteristics of China's agricultural trade, thus discovering the gap between China's agricultural trade rule and the WTO rule.According to China, the accession to the WTO meant opportunities and challenges as well. As China became fully integrated into the organization in the past few years, China's agricultural trade has made great achievements in terms of the rapid growth rate of export volume. Despite those encouraging developments, some unfavorable factors emerged after China's WTO entry. As the government's protective policies on domestic farm products begin to be phased out, foreign farm products at lower prices are set to pose great challenges to their Chinese counterparts. The flood of foreign farm products, mainly cereals and grains, into China will put heavy pressure on the country's foreign exchange reserve. In addition, Chinese products those have comparative advantages have been suffering as a result of an increase in the block of green barriers - import restrictions on the grounds of environmental and food safety. The green barriers have written off part of the benefit brought by lowered tariff rates and increased import quotas of other countries.The entry into the WTO will help China accelerate its agriculturereform and establish an agriculture macro-control system compatible with the market economy, thus enhancing the production of agricultural products and sharpening the competitive edge of China's farm products in the international market. However, we still have long way to go in this aspect. It is recommended that we take following measures: 1st, establishing the national unified and open agricultural product market; 2nd, adjusting agriculture structure as per comparative advantage principle; 3rd, constructing reasonable and practical customs duty framework; 4th, initiating a campaign to clarify and unify governmental regulations; 5th, launching appropriate quarantine law system. Through the implementation of these measures, we will be able to protect our domestic agricultural industry, promote the development of our enterprises and make our products more competitive in world market, thus providing significant boosts to our country's economies.
Keywords/Search Tags:WTO, the Agriculture Agreement, Agricultral Products, Import and Export
PDF Full Text Request
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