China's Pattern of Trade and Growth after WTO Accession : Lessons for Other Developing Countries

World Trade Organization (WTO) accession marked a new beginning for China's economic, legal and institutional reforms and rapid integration with the rest of the world. The purpose of this paper is to review China's post-WTO transition experience, synthesize and update studies on China'...

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Main Authors:	Zhao, Longyue, Wang, Yan
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Trade Policy International Trade Organizations F130 Economic Integration F150 Multinational Firms International Business F230 Economic Growth of Open Economies F430 International Linkages to Development Role of International Organizations O190 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330
Online Access:	http://hdl.handle.net/10986/5042

id	okr-10986-5042
recordtype	oai_dc
spelling	okr-10986-50422021-04-23T14:02:20Z China's Pattern of Trade and Growth after WTO Accession : Lessons for Other Developing Countries Zhao, Longyue Wang, Yan Trade Policy International Trade Organizations F130 Economic Integration F150 Multinational Firms International Business F230 Economic Growth of Open Economies F430 International Linkages to Development Role of International Organizations O190 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 World Trade Organization (WTO) accession marked a new beginning for China's economic, legal and institutional reforms and rapid integration with the rest of the world. The purpose of this paper is to review China's post-WTO transition experience, synthesize and update studies on China's pattern of trade and structural transformation, and provide both positive and negative lessons for other developing countries. The paper has broadly reviewed the latest policy changes after China's WTO accession, and literatures on China's trade and economic development issues in order to understand the Chinese success and its speciality, and draw some useful lessons for both China's decision-makers and other developing countries. There are two main findings: first, market liberalization alone is not sufficient, and economic system reform and the liberalization are closely related and complement and promote each other. Second, experimentations via special economic zones (SEZs) and opening to foreign direct investment (FDI), which facilitated and supported cluster development and learning-by-doing, are needed for industrial upgrading and export competitiveness. 2012-03-30T07:30:59Z 2012-03-30T07:30:59Z 2009 Journal Article Journal of Chinese Economic and Foreign Trade Studies 17544408 http://hdl.handle.net/10986/5042 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Trade Policy International Trade Organizations F130 Economic Integration F150 Multinational Firms International Business F230 Economic Growth of Open Economies F430 International Linkages to Development Role of International Organizations O190 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330
spellingShingle	Trade Policy International Trade Organizations F130 Economic Integration F150 Multinational Firms International Business F230 Economic Growth of Open Economies F430 International Linkages to Development Role of International Organizations O190 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 Zhao, Longyue Wang, Yan China's Pattern of Trade and Growth after WTO Accession : Lessons for Other Developing Countries
geographic_facet	China
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	World Trade Organization (WTO) accession marked a new beginning for China's economic, legal and institutional reforms and rapid integration with the rest of the world. The purpose of this paper is to review China's post-WTO transition experience, synthesize and update studies on China's pattern of trade and structural transformation, and provide both positive and negative lessons for other developing countries. The paper has broadly reviewed the latest policy changes after China's WTO accession, and literatures on China's trade and economic development issues in order to understand the Chinese success and its speciality, and draw some useful lessons for both China's decision-makers and other developing countries. There are two main findings: first, market liberalization alone is not sufficient, and economic system reform and the liberalization are closely related and complement and promote each other. Second, experimentations via special economic zones (SEZs) and opening to foreign direct investment (FDI), which facilitated and supported cluster development and learning-by-doing, are needed for industrial upgrading and export competitiveness.
format	Journal Article
author	Zhao, Longyue Wang, Yan
author_facet	Zhao, Longyue Wang, Yan
author_sort	Zhao, Longyue
title	China's Pattern of Trade and Growth after WTO Accession : Lessons for Other Developing Countries
title_short	China's Pattern of Trade and Growth after WTO Accession : Lessons for Other Developing Countries
title_full	China's Pattern of Trade and Growth after WTO Accession : Lessons for Other Developing Countries
title_fullStr	China's Pattern of Trade and Growth after WTO Accession : Lessons for Other Developing Countries
title_full_unstemmed	China's Pattern of Trade and Growth after WTO Accession : Lessons for Other Developing Countries
title_sort	china's pattern of trade and growth after wto accession : lessons for other developing countries
publishDate	2012
url	http://hdl.handle.net/10986/5042
_version_	1764393708420071424

China's Pattern of Trade and Growth after WTO Accession : Lessons for Other Developing Countries

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