Policy Review For China
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|Report by |
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|China |
|Pursuant to the Agreement Establishing the Trade Policy Review Mechanism (Annex 3 of the Marrakesh Agreement |
|Establishing the World Trade Organization), the policy statement by China is attached. |
Note: This report is subject to restricted circulation and press embargo until the end of the first session of the meeting of the Trade Policy Review Body on China.
CONTENTS
Page
I. introduction 5
II. General Economic Environment and Macroeconomic Policies 5
(a) Economic Growth and Adjustment of Macroeconomic Policies 5
(i) Continued Steady Growth of China’s Economy 5
(ii) Adjustment of Macroeconomic Policies 6
(b) Challenges and Difficulties Confronted 7
III. Domestic Policy Development and Reform 7
(a) Transformation of Economic Development Mode 7
(b) Development of Service Industries 8
(c) Establishment of the Social Security System 9
(d) Anti-Monopoly Law and Real Right Law 9
(e) Financial Sector Reform and Adjustment of Foreign-Exchange Policy 10
(i) Capital Market Development 10
(ii) Financial Sector Reform 10
(iii) Adjustment of Foreign Exchange Policy 11
(f) Changes in Taxation Policy 11
(g) Protection of Intellectual Property Rights 12
IV. Trade Policy Developments 13
(a) Trade Expansion and Problems Confronted 13
(i) Rapid...
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