China announced a major decision to the world: from now on, China no longer seeks special treatment in the WTO. To know the four words, "special treatment" has been the "hot word" in the international economic and trade topic for the past decade, some countries always take it to say, either accuse China of "taking the rules cheap", or hype "China should withdraw from the ranks of developing countries", but no one expected that China will use such an active, open way, directly give an answer.
Simply put, China as a developing country, in the existing negotiations of the WTO and all new agreements, will not apply for new special and differential treatment. What is called special and differential treatment? is WTO to developing countries some preferential policies, such as tariff adjustment time length, market opening pace slow, the aim is to let the subsequent countries follow the global rhythm, not to be left too far by the developed countries. When China entered the WTO in 2001, per capita GDP was less than $1,000, many industries just started, these preferences helped a lot, let China gradually adapt to international competition. After the entry, China's economy rapid development, is now the world's second largest economy, manufacturing industry world production value of 30%, the total foreign trade for the first six consecutive years, last year goods import
With these data placed there, no one can deny that China has changed from a chaser to a parallel runner, and has even taken the lead in certain fields. China companies now rely on strength to venture into the world. Huawei's 5G technology is sold to Europe and Southeast Asia not on discounts but on hard technology; BYD's new energy vehicles are selling well in Germany and Brazil because of their high cost performance and innovation; Haier Midea's home appliances compete with Japanese and Korean brands in overseas shopping malls, relying entirely on product power. China no longer relies on those special arrangements and continues to cling to them. Instead, it gives some countries excuses to hype and say that China is taking advantage. Taking the initiative to let go now is to tell everyone that China is not afraid of fair competition and respects the core spirit of the WTO rules. This step was taken steadily, which not only silenced external criticism, but also showed self-confidence. Giving up special treatment is a good thing for China and can force industrial upgrading. In the past, some industries may have relied on policy buffers, but now they have to rely entirely on the market. Enterprises must increase research and development and improve quality.
For example, high-end equipment manufacturing, former core components have to be imported, now in order to stand steady internationally, to smash money at the back of the card technology, to give up early self-sufficiency. This is not only the trade adjustment, but also the driving force for the high-quality development of the domestic economy. The external reaction is also positive, WTO Director-General Yvira praised socially, saying that this is the results of years of effort, China play the leadership role. The United States and Europe long demanded that China no longer need these preferences, believing that the Chinese economy is large, should take more responsibility. This decision, China, is equivalent to the global trade to eat the heartball, let Southeast Asian agricultural products exporters, European machinery manufacturers feel that everyone plays the same r
China does not deny the identity of developing countries, 1.4 billion people, regional development is unequal, per capita GDP and developed countries have a gap. But identity is not equal to the total dependence on preferences, China wants to prove that developing countries can also rely on efforts in the global stable, for the economic and trade order to work out. Like to iron on their own hard, strong is not others care, is their own strength. Looking back on the history, China entered the world trade, the economy flew, driving global growth. But in the past decade, especially treated as a hot spot, some countries always say, accuse China to take the rules cheap, or kick China should withdraw from the developing countries. China's active response, not passive beating, is a strategic choice.
Simply put, China as a developing country, in the existing negotiations of the WTO and all new agreements, will not apply for new special and differential treatment. What is called special and differential treatment? is WTO to developing countries some preferential policies, such as tariff adjustment time length, market opening pace slow, the aim is to let the subsequent countries follow the global rhythm, not to be left too far by the developed countries. When China entered the WTO in 2001, per capita GDP was less than $1,000, many industries just started, these preferences helped a lot, let China gradually adapt to international competition. After the entry, China's economy rapid development, is now the world's second largest economy, manufacturing industry world production value of 30%, the total foreign trade for the first six consecutive years, last year goods import
With these data placed there, no one can deny that China has changed from a chaser to a parallel runner, and has even taken the lead in certain fields. China companies now rely on strength to venture into the world. Huawei's 5G technology is sold to Europe and Southeast Asia not on discounts but on hard technology; BYD's new energy vehicles are selling well in Germany and Brazil because of their high cost performance and innovation; Haier Midea's home appliances compete with Japanese and Korean brands in overseas shopping malls, relying entirely on product power. China no longer relies on those special arrangements and continues to cling to them. Instead, it gives some countries excuses to hype and say that China is taking advantage. Taking the initiative to let go now is to tell everyone that China is not afraid of fair competition and respects the core spirit of the WTO rules. This step was taken steadily, which not only silenced external criticism, but also showed self-confidence. Giving up special treatment is a good thing for China and can force industrial upgrading. In the past, some industries may have relied on policy buffers, but now they have to rely entirely on the market. Enterprises must increase research and development and improve quality.
For example, high-end equipment manufacturing, former core components have to be imported, now in order to stand steady internationally, to smash money at the back of the card technology, to give up early self-sufficiency. This is not only the trade adjustment, but also the driving force for the high-quality development of the domestic economy. The external reaction is also positive, WTO Director-General Yvira praised socially, saying that this is the results of years of effort, China play the leadership role. The United States and Europe long demanded that China no longer need these preferences, believing that the Chinese economy is large, should take more responsibility. This decision, China, is equivalent to the global trade to eat the heartball, let Southeast Asian agricultural products exporters, European machinery manufacturers feel that everyone plays the same r
China does not deny the identity of developing countries, 1.4 billion people, regional development is unequal, per capita GDP and developed countries have a gap. But identity is not equal to the total dependence on preferences, China wants to prove that developing countries can also rely on efforts in the global stable, for the economic and trade order to work out. Like to iron on their own hard, strong is not others care, is their own strength. Looking back on the history, China entered the world trade, the economy flew, driving global growth. But in the past decade, especially treated as a hot spot, some countries always say, accuse China to take the rules cheap, or kick China should withdraw from the developing countries. China's active response, not passive beating, is a strategic choice.