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WTO China Updates
The Changes
All grain, No Pain as Farms Meet WTO Fracas
State-owned farms in Northeast China's Heilongjiang Province - the country's largest base for producing grain for the open market - have been striving hard to reduce costs and improve competitiveness.
Tung: HK Developing As Legal Services Center
Hong Kong is developing as the legal services center for the region, said Hong Kong Chief Executive Tung Chee Hwa Friday at the welcome reception for the 12th Annual Meeting and Conference 2002 of the Inter-Pacific Bar Association.
Import and Export Laws Revised to Facilitate Trade
China has revised its laws on import and export commodity inspections in order to be more compatible with rules laid down by the World Trade Organization (WTO) and to facilitate international trade, a senior inspection official said on April 30.
Fast Increase of Imported Steel Challenges Domestic Market
China imported 4.91 million tons of steel in the first quarter of this year, a rise of 17.5 percent over the same period of last year, sources revealed from the State Economic and Trade Commission.
China Would Further Open Financial Market: President Jiang
Chinese President Jiang Zemin met Friday with Sanford Weill, chairman and CEO of the United States Citigroup Inc., and fellow board members of the group.
Real WTO Challenges for China Will Be Cultural, Economics Professor Says
Much talk can be heard in China about the economic advantages and disadvantages, opportunities and challenges of China抯 entry into the World Trade Organization (WTO), but not much on the potential impact on Chinese society and its thinking. However, the social challenges China will face would seem to be far more important than economic ones, according to Feng Yuzhong, former president of Liaoning University, professor in economics and advisor to America Biography Institute, who attended the annual session of the Ninth National People抯 Congress in Beijing.
Milk Sector Advised to Upgrade in Face of Expected Rise in Imports
Following China抯 entry last December into the World Trade Organization, Chinese milk enterprises, with their backward technologies and small-scale production compared to foreign counterparts, are expected to have a hard time in the short run competing. But the China Academy of Agriculture urges China抯 milk industry to look beyond the near-term and invest in the future.
WTO Entry to Help Expand Cross-Straits Ties
The entry into the World Trade Organization (WTO) of both the People's Republic of China and the Chinese Taipei in the name of "Separate Customs Territory of Taiwan, Penghu, Jinmen and Mazu" has put them under the same trade rules, making it inevitable for the two sides of the Taiwan Straits to find out better ways to deal with each other and work for common development.
China Honors Promise to WTO in Making Rules
China has strictly honored its commitments to the WTO in formulating the regulations on banking, insurance and telecom service that have been promulgated recently, Foreign Trade Minister Shi Guangsheng said Tuesday.
NPC Deputy Warns of Brain Drain After WTO Entry
Chinese enterprises should be fully aware of the challenge of losing talented people to foreign-funded companies now that China is a member of the World Trade Organization (WTO), said a deputy to the National People's Congress (NPC).
News Analysis: WTO Entry to Boost Economic Growth in China
China's entry into the World Trade Organization (WTO) is expected to usher in a new round of economic growth amid some pains from reform and readjustment in the first year of its WTO membership, economists said.
WTO Entry Has Far-Reaching Effect on China's Resource Management
China's accession into the World Trade Organization (WTO) will have a broad and far-reaching influence on the management of the country's land and resources, a senior land official said Sunday in Beijing.
China's Art Performing Industry to Follow Int'l Operations
Chinese performing artists should learn from their peers in other countries in order to make the most international touring opportunities, Elizabeth Bradley, the chairwoman of the International Society for the Performing Arts (ISPA) said Saturday.
China Modifies GMO Regulations
China is drawing up an interim measure to ensure smooth imports of genetically modified organism (GMO) products, said the Ministry of Foreign Trade and Economic Co-operation (MOFTEC) on Friday.
Chinese Experience Gains, Pressure from WTO Membership
People in China are experiencing both gains and pressure arising from the nation's accession to the World Trade Organization (WTO) last October, something they have been talking about for years.
China to Upgrade Agriculture Facing WTO Challenges
China is upgrading its agriculture to meet challenges brought about by its accession to the World Trade Organization (WTO), Vice-Minister of Agriculture Zhang Baowen, said Thursday.
Sessions Bring WTO Commitments into Focus
The coming annual sessions of the National People抯 Congress and National Committee of the Chinese People's Political Consultative Conference, the first to be held following China's WTO entry, will provide a good opportunity for people at home and abroad to observe closely how China reacts to the opportunities and challenges brought by its WTO entry, according to several foreign business executives working in China.
China to Speed up Reform of Statistical System
To meet the requirements following the entry into the World Trade Organization, China will speed up reform to establish a statistical system which conforms to both the national situation and international norms, said sources with the National Statistics Bureau.
China Makes Laws for Post-WTO Era
China has repealed 90 laws that do not conform to the rules of the World Trade Organization (WTO) and drawn out 33 judicial interpretations to meet WTO requirements over the past three years.
Shanghai to Accelerate Opening up Process
China's entry into the World Trade Organization (WTO) will impact positively on Shanghai, JiangYiren, Shanghai vice mayor said.
Government to Further Improve Market Economic Order
Top State Council official said Thursday that more efforts will be made to rectify and regulate market economic order this year, starting with a new national campaign against illegal practices.
China Revises Import-export Rules
Chinese legislators are revising a 13-year-old law on the inspection of imports and exports to unify inspection standards on foreign and domestic goods.
Import Tariffs on Wood Products to Be Cut
China's accession to the World Trade Organization (WTO) will protect the country's forest reserve but it will also deal a blow to the domestic manufacturer of artificial boards, industry experts say.
Lawyers Expected to Deal With Transnational Disputes
Lawyers trained to handle international lawsuits are becoming increasingly sought after as an increasing number of transnational legal disputes are expected in the coming years.
Foreigners Given Equal Access to Medical Services in China
Foreign nationals are entitled to the same treatment as Chinese when they apply for medical benefits or receive medical treatment, according to an official of the Ministry of Health in referring to World Trade Organization commitments made by China.
Banks Dancing to WTO Tune
Chinese commercial banks are busy preparing for the upcoming challenges brought by the country's accession to the World Trade Organization.
China's Challenge: Creating New Jobs
Entry into the World Trade Organization (WTO) last December has brought "no immediate changes" to the country's human resources market.
China Takes Major Agricultural Measures to Cope with WTO Challenges
China will take five major measures in agriculture in order to cope with challenges brought about by China's WTO entry, said She Qinglin, minister of Agriculture at a press conference.
New Court to Handle Foreign Business Disputes
A special team of judges in Beijing has been called in to deal with expected international cases involving transnational disputes, now that China has entered the World Trade Organization (WTO).
Lawyers Face Big Challenges
Local lawyers must strengthen their professional skills to confront keener competition when China opens its door wider to foreign law firms.
Tourism Gets First Joint Firm
The first Sino-foreign joint venture business travel service company, named CITS American Express Travel Services Ltd, debuted Monday in Beijing, marking the formal opening of China's travel market after the country's accession to the World Trade Organization (WTO).
Beijing Municipality Not to Cancel Preferential Policies for Foreign Entrepreneurs
Vice Mayor of Beijing Zhang Mao said Monday that Beijing would not withdraw any preferential policies for foreign investors with China's entry into the WTO.
Ministers Briefed on Impact of WTO Entry, Countermeasures
At a six-day meeting ministerial officials briefed an audience of more than 4,000 central and provincial government officials and directors of state-owned firms on the impact of China's WTO entry on related sectors such as economy, trade, agriculture, finance, information technology, news and publishing, personnel and legislative affairs, as well as countermeasures that should be taken.
WTO Entry: A Two-edged Sword for China's Employment Market
China's accession to the World Trade Organization (WTO) will bring both opportunities and challenges to the country's employment market.
Chinese Officials to Receive Training at Havard's Kennedy School
Chinese officials will have the opportunities to receive training at the Havard thanks to an agreement signed by the Development Research Center of the State Council (DRC), Tsinghua University and John F. Kennedy School of Harvard Thursday in Beijing.
China Undergoes Conceptual Changes After WTO
"Preferential policies", " internal memos", "review and approval" and some other once familiar concepts are being phased out in China, since the country became a full member of the World Trade Organization in December.
WTO Entry Drives Car Prices Down
Aware that China's WTO entry would trigger big growth in car imports, the country's leading automakers have initiated price cuts to retain sales since the beginning of the new year.
China Adjusts Agriculture Policy for WTO Entry
China has pledged to try every means the WTO allows to protect its overall agriculture productivity and develop farm produce with higher competitiveness.
China Begins Drafting on Anti-monopoly and Anti-dumping Rules
The State General Administration for Industry and Commerce is busy reviewing and amending existing rules to make them conform to the WTO regulations. Once these laws are formulated, an overall legal framework for market order and supervision is expected to take shape
Market Says Goodbye to Foul Play
China's market watchdog is busy reviewing and amending existing rules to make them conform to the World Trade Organization (WTO) regulations.
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