The report highlights details about structural reforms, including in
the financial and other sectors that have introduced more
market-oriented measures aimed at achieving a more efficient allocation
of resources. The report also notes that China has continued to be one
of the largest recipients of inward FDI and has become a large provider
of outward FDI, reflecting its increasing integration into the global
However, the report identifies imbalances in the sources of growth in
the economy, which is mainly driven by exports and investment rather
than by consumption, a widening gap between savings and investment
reflected in China’s growing current account surplus, and rising income
inequality despite high GDP growth.
The WTO Secretariat report, along with a policy statement by the
Government of China, will be the basis for the second TPR of China by
the Trade Policy Review Body of the WTO on 21 and 23 May 2008.
The WTO report, along with a policy
statement by the Government, will be the basis for the Trade Policy
Review (TPR) by the Trade Policy Review Body of the WTO.
following documents are available in MS Word format.
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Trade Policy Reviews are an exercise, mandated in the WTO agreements,
in which member countries’ trade and related policies are examined and
evaluated at regular intervals. Significant developments that may have
an impact on the global trading system are also monitored. For each
review, two documents are prepared: a policy statement by the
government of the member under review, and a detailed report written
independently by the WTO Secretariat. These two documents are then
discussed by the WTO’s full membership in the Trade Policy Review Body
(TPRB). These documents and the proceedings of the TPRB’s meetings are
published shortly afterwards.
copies of previous TPR publications are available for sale from the
WTO Secretariat, Centre William Rappard, 154 rue de Lausanne, 1211
Genève 21 and through the
TPR publications are also available from our co-publisher Bernan Press, 4611-F Assembly Drive, Lanham, MD 20706-4391, United States.
Schedule of forthcoming reviews
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United States: 9 and 11 June
Oman: 25 and 27 June 2008
Singapore: 14 and 16 July 2008
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