www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

Chinese weigh pros and cons of 5 years into WTO

(Xinhua)
Updated: 2006-12-11 14:58

China marked five years of World Trade Organization (WTO) membership on Monday with new regulations opening the financial sector to foreign banks coming into effect, while business people and economists counted the pros and cons of freer trade.

Once branded a "threat to financial security," the entry of foreign banks into Renminbi business has sparked curiosity about what new products and services will become available to Chinese customers and whether new management mechanisms will affect the market.

Related readings:
 China's banks open to competition
 "Opening up not to hurt economic safety"
 Foreign banks' applications get nod WTO entry recasts economic landscape 

"The introduction of competition and strategic investors will be conducive to improving innovation, management and profitability of domestic banks," said Wang Zhaoxing, assistant to the chairman of the China Banking Regulatory Commission.

Three of China's leading four state-owned commercial banks -- the Bank of China, China Construction Bank and the Industrial and Commercial Bank of China -- have listed overseas. Their shares have been well received, signaling confidence in the development of China's banking industry.

The prediction that "free trade will come with threats," made by Long Yongtu, China's chief negotiator for WTO membership five years ago, has been replaced by awareness of the fact that threats failed to come, but free trade has been difficult to achieve too.

WTO statistics show China has been subject to most of the international anti-dumping litigations for 11 consecutive years.

China's textile businesses had barely escaped the old quota system before they entered a "new quota era" imposed by the United States and the European Union, a move seen by the Chinese side as protectionism.

The Wujiang Canhua Import and Export Co., Ltd., based in Jiangsu Province, was subject to anti-dumping actions by the EU. It lost export orders worth more than 8 million U.S. dollars, or 30 percent of its total annual exports.

"This means we virtually lost the whole European market. More than half of our workshops suspended production," said General Manager Gu Yiming.

But Chinese companies have overcome the hurdles and matured.

"We must learn and adapt to the rules of game," said Wu Xiaodong, head of the Changzhou Floor Board Association, also based in Jiangsu.

Wu is awaiting final verdicts by the United States International Trade Commission on actions by three U.S. companies against the association.
12  

(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 亚洲成人在线播放 | 波多野结衣一级片 | 怡红院久久| 日韩精品免费看 | 亚洲国产精品一区二区久久 | 特大一级aaaaa毛片 | 国产一在线精品一区在线观看 | 日本妞xxxxxxxxx69 | 完整日本特级毛片 | 亚洲欧美久久精品1区2区 | 免费看特级淫片日本 | 国产免费一级视频 | 成人免费观看永久24小时 | 成人午夜看片在线观看 | 亚洲欧美日韩精品高清 | 天天看夜夜| 国产片网址 | 国产一级片在线 | 成人国产精品一级毛片了 | 996久久国产精品线观看 | 日本视频播放免费线上观看 | www三级免费| 色视频www在线播放国产人成 | aaa在线| 美国一级欧美三级 | 久久毛片免费看一区二区三区 | 窝窝午夜精品一区二区 | 中文字幕一区二区三区精彩视频 | 精品国产高清不卡毛片 | 国产一级特黄特色aa毛片 | 色婷婷色综合激情国产日韩 | 亚洲一区二区三区四区在线 | 手机看片在线 | 禁止18周岁进入免费网站观看 | 国产最猛性xxxxxx69交 | 狠狠久久综合 | 欧美三级欧美成人高清www | 国产精品九九免费视频 | 在线精品国产一区二区 | 国产91精品一区二区麻豆亚洲 | 91精品成人福利在线播放 |