China's WTO Accession Reassessed

603 Pages·2015·3.06 MB·English

by  Wang Luolin

China’s WTO Accession Reassessed
China’s accession to the World Trade Organisation in 2001 was a highly signifi-
cant event both for China and for the wider world. This book argues that, although
at the time some people doubted the likely benefits, China’s WTO accession has
been highly successful. It discusses how China has abided by its commitment
to WTO terms and how WTO membership has contributed to China’s reform
and opening up; explores how vastly increased co-operative exchange with many
countries around the world has been mutually beneficial in a range of fields
including trade, science and culture; and shows how China’s WTO membership
has been a great stimulus both for China’s economy and the world economy. The
book considers the subject from a number of perspectives, and draws out lessons
for future reform and development for China, and for China’s relations with the
rest of the world, emphasising the need to maintain a win-win approach.
Wang Luolin is a famous Chinese economist. He was formerly Vice President
of Xiamen University and Executive Vice President of the Chinese Academy of
Social Sciences. He now serves as Director of the Trade Policy Advisory
Committee of the Ministry of Commerce and also as adviser to the China
Development Research Foundation.
Routledge Studies on the Chinese Economy
Series Editor:
Peter Nolan, Director, Centre of Development Studies; Chong Hua Professor
in Chinese Development; and Director of the Chinese Executive Leadership
Programme (CELP), University of Cambridge
Founding Series Editor:
Peter Nolan, University of Cambridge and Dong Fureng, Beijing University
The aim of this series is to publish original, high-quality, research-level work by
both new and established scholars in the West and the East, on all aspects of the
Chinese economy, including studies of business and economic history.
1 The Growth of Market 6 China’s Economic Growth
Relations in Post-reform Rural Yanrui Wu
China
A micro-analysis of peasants, 7 The Employment Impact
migrants and peasant of China’s World Trade
entrepreneurs Organisation Accession
Hiroshi Sato A.S. Bhalla and S. Qiu
2 The Chinese Coal Industry: An 8 Catch-Up and Competitiveness
Economic History in China
Elspeth Thomson The case of large firms in the oil
industry
3 Sustaining China’s Economic Jin Zhang
Growth in the Twenty-First
Century 9 Corporate Governance in China
Edited by Shujie Yao and Jian Chen
Xiaming Liu
10 The Theory of the Firm and
4 China’s Poor Regions Chinese Enterprise Reform
Rural–urban migration, The case of China International
poverty, economic reform and Trust and Investment
urbanisation Corporation
Mei Zhang Qin Xiao
5 China’s Large Enterprises 11 Globalisation, Transition and
and the Challenge of Late Development in China
Industrialization The case of the coal industry
Dylan Sutherland Huaichuan Rui
12 China Along the Yellow River 21 The Chinese Communist Party
Reflections on rural society in Reform
Cao Jinqing, translated by Nicky Edited by Kjeld Erik Brodsgaard
Harman and Huang Ruhua and Zheng Yongnian
13 Economic Growth, Income 22 Poverty and Inequality among
Distribution and Poverty Chinese Minorities
Reduction in Contemporary A.S. Bhalla and Shufang Qiu
China
Shujie Yao 23 Economic and Social
Transformation in China
14 China’s Economic Relations with Challenges and opportunities
the West and Japan, 1949-79 Angang Hu
Grain, trade and diplomacy
Chad J. Mitcham 24 Global Big Business and the
Chinese Brewing Industry
15 China’s Industrial Policy and Yuantao Guo
the Global Business Revolution
The case of the domestic 25 Peasants and Revolution in
appliance industry Rural China
Ling Liu Rural political change in the
North China Plain and the Yangzi
16 Managers and Mandarins in Delta, 1850–1949
Contemporary China Chang Liu
The building of an international
business alliance 26 The Chinese Banking Industry
Jie Tang Lessons from history for today’s
challenges
17 The Chinese Model of Modern Yuanyuan Peng
Development
Edited by Tian Yu Cao 27 Informal Institutions and Rural
Development in China
18 Chinese Citizenship Biliang Hu
Views from the margins
Edited by Vanessa L. Fong and 28 The Political Future of Hong
Rachel Murphy Kong
Democracy within Communist
19 Unemployment, Inequality and China
Poverty in Urban China Kit Poon
Edited by Shi Li and Hiroshi Sato
29 China’s Post-Reform Economy
20 Globalisation, Competition and – Achieving Harmony,
Growth in China Sustaining Growth
Edited by Jian Chen and Shujie Edited by Richard Sanders and
Yao Chen Yang
30 Eliminating Poverty Through 40 Sustainable Reform and
Development in China Development in Post-Olympic
China Development Research China
Foundation Edited by Shujie Yao, Bin Wu,
Stephen Morgan and Dylan
31 Good Governance in China – A Sutherland
Way Towards Social Harmony
Case studies by China’s rising 41 Constructing a Social Welfare
leaders System for All in China
Edited by Wang Mengkui China Development Research
Foundation
32 China in the Wake of Asia’s
Financial Crisis
42 China’s Road to Peaceful Rise
Edited by Wang Mengkui
Observations on its cause, basis,
33 Multinationals, Globalisation connotation and prospect
and Indigenous Firms in China Zheng Bijian
Chunhang Liu
43 China as the Workshop of the
34 Economic Convergence in World
Greater China An analysis at the national and
Mainland China, Hong Kong, industry level of China in the
Macau and Taiwan international division of labor
Chun Kwok Lei and Shujie Yao Yuning Gao
35 Financial Sector Reform and 44 China’s Role in Global
the International Integration of Economic Recovery
China Xiaolan Fu
Zhongmin Wu
45 The Political Economy of the
36 China in the World Economy
Chinese Coal Industry
Zhongmin Wu
Black gold and blood-stained coal
37 China’s Three Decades of Tim Wright
Economic Reforms
Edited by Xiaohui Liu and Wei 46 Rising China in the Changing
Zhang World Economy
Edited by Liming Wang
38 China’s Development
Challenges 47 Thirty Years of China’s Reform
Economic vulnerability and Edited by Wang Mengkui
public sector reform
Richard Schiere 48 China and the Global Financial
Crisis
39 China’s Rural Financial System A comparison with Europe
Households’ demand for credit Edited by Jean-Pierre Cabestan,
and recent reforms Jean-François Di Meglio and
Yuepeng Zhao Xavier Richet
49 China’s New Urbanization 54 A New Development Model and
Strategy China’s Future
China Development Research Deng Yingtao
Foundation Translated by Nicky Harman,
with a foreword by Peter Nolan
50 China’s Development and and an Afterword translated by
Harmonisation Phil Hand
Towards a balance with nature,
society and the international 55 Demographic Developments in
community China
Bin Wu, Shujie Yao and Jian Chen China Development Research
Foundation
51 Chinese Firms, Global Firms
Industrial policy in the age of 56 China’s Centralized Industrial
globalization Order
Peter Nolan Industrial reform and the rise of
centrally controlled big business
52 The East Asian Computer Chip Chen Li
War
Ming-chin Monique Chu 57 China’s Exchange Rate Regime
China Development Research
53 China’s Economic Dynamics Foundation
A Beijing consensus in the
making? 58 China’s WTO Accession
Edited by Jun Li and Liming Reassessed
Wang Edited by Wang Luolin
Routledge Studies on the Chinese Economy – Chinese Economists on
Economic Reform
1 Chinese Economists on 3 Chinese Economists on
Economic Reform – Collected Economic Reform – Collected
Works of Xue Muqiao Works of Chen Xiwen
Xue Muqiao, edited by China Chen Xiwen, edited by China
Development Research Development Research
Foundation Foundation
2 Chinese Economists on 4 Chinese Economists on
Economic Reform - Collected Economic Reform – Collected
Works of Guo Shuqing Works of Du Runsheng
Guo Shuqing, edited by Du Runsheng, edited by
China Development Research China Development Research
Foundation Foundation
5 Chinese Economists on 7 Chinese Economists on
Economic Reform – Collected Economic Reform – Collected
Works of Lou Jiwei Works of Wang Mengkui
Lou Jiwei, edited by China Wang Mengkui, edited by
Development Research China Development Research
Foundation Foundation
6 Chinese Economists on 8 Chinese Economists on
Economic Reform – Collected Economic Reform – Collected
Works of Ma Hong Works of Yu Guangyuan
Ma Hong, edited by China Yu Guangyuan, edited by
Development Research China Development Research
Foundation Foundation
China’s WTO Accession
Reassessed
Edited by Wang Luolin
First published 2015
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon, OX14 4RN
and by Routledge
711 Third Avenue, New York, NY 10017
Routledge is an imprint of the Taylor & Francis Group, an informa business
© 2015 selection and editorial material, Wang Luolin; individual
chapters, the contributors
The right of Wang Luolin to be identified as author of the editorial
material, and of the individual authors as authors of their contributions,
has been asserted by them in accordance with sections 77 and 78 of the
Copyright, Designs and Patents Act 1988.
All rights reserved. No part of this book may be reprinted or reproduced
or utilised in any form or by any electronic, mechanical, or other means,
now known or hereafter invented, including photocopying and recording,
or in any information storage or retrieval system, without permission in
writing from the publishers.
Trademark notice: Product or corporate names may be trademarks
or registered trademarks, and are used only for identification and
explanation without intent to infringe.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging in Publication Data
China’s WTO accession reassessed/edited by China Development
Research Foundation.
pages cm. — (Routledge studies on the Chinese economy; 58)
Includes bibliographical references and index.
1. World Trade Organization—China. 2. China—Commerce.
3. China—Commercial policy. 4. China—Foreign economic relations.
I. China Development Research Foundation.
HF1604.C4536 2015
382′.920951—dc23
2014029462
ISBN: 978-1-138-79515-0 (hbk)
ISBN: 978-1-315-75860-2 (ebk)
Typeset in Times New Roman
by Swales & Willis Ltd, Exeter, Devon, UK
Contents
List of figures xii
List of tables xv
Preface xviii
WANG LUOLIN
Acknowledgements xx
LU MAI
1 Overview: an emerging power’s new strategy of opening
up to the outside: entry into the WTO: a look back over
the past ten years and a look forward 1
LONG GUOQIANG
PART I
China ten years after joining the WTO 23
2 A review of economic development since joining the
WTO and a look at future prospects 25
LI SHANTONG ET AL.
3 China’s accession to the WTO and reform of China’s
economic structure 77
FAN HENGSHAN
4 China’s accession to the WTO with respect to improving
the social security system in the country 114
WANG YANZHONG AND SHAN DASHENG
5 China and intellectual property rights since joining the WTO 141
XUE LAN AND MAO HAO