Ⅵ. Principles
• 1. Non-discrimination • 2. More open • 3. Predictable and transparent • 4. More competitive • 5. More beneficial for less
developed countries • 6. Protect the environment
On November 15th , 1999, China and the US signed a bilateral agreement.
On may 19th , 2000, China and the EU signed the bilateral agreement.
On November 11th , 2001, China joined the WTO
Ⅶ. Pros and cons
• Opportunities
• 1. Eliminate tariff barriers.
• 2. Diversified development of export trade• 3. Clear 源自nd credible rules
• 4. More investments
• 5. Closer economic and trade relations among Mainland China , Hong Kong , Macao and Taiwan.
• Challenges
• 1. Fiercer competition for domestic enterprises.
• 1. It head-quartered in Geneva Switzerland.