The Impact of China's WTO Entry on the Industrial Structure of the Yangtze River Delta

In the areas of China access into WTO Agreements, Chinese government has made lots of promises in reducing tariffs of some industrial products. While industrial products make up a very large share of import and export, so nearly all kinds of them will be influenced, especially those which are protected by means of national tariffs and taxes and non- tariffs barriers on import-sand, to a lesser extent, on exports. Meanwhile we have noticed that most of these industries are the pillar ones of Yangtze Delta. As it is well known that Yangtze Delta has become the most developed area in Yangtze valley or even in China and had an important effect on China economy. Thus entry to the WTO requires reform to be accelerated in this district so as to put the industry of this region in a position to be able to cope with the greater foreign competition that will follow accession to the trade body.

The Impact of China's WTO Entry on the Industrial Structure of the Yangtze River Delta

In the areas of China access into WTO Agreements, Chinese government has made lots of promises in reducing tariffs of some industrial products. While industrial products make up a very large share of import and export, so nearly all kinds of them will be influenced, especially those which are protected by means of national tariffs and taxes and non- tariffs barriers on import-sand, to a lesser extent, on exports. Meanwhile we have noticed that most of these industries are the pillar ones of Yangtze Delta. As it is well known that Yangtze Delta has become the most developed area in Yangtze valley or even in China and had an important effect on China economy. Thus entry to the WTO requires reform to be accelerated in this district so as to put the industry of this region in a position to be able to cope with the greater foreign competition that will follow accession to the trade body.