European Journal of Business Science and Technology 2017, 3(1):29-43 | DOI: 10.11118/ejobsat.v3i1.77

State Regulation in China in the Light of Its WTO Membership

Lenka Fojtíková1
1 V©B-Technical University of Ostrava, Czech Republic

When China entered the World Trade Organization (WTO) in December 2001, it also accepted some trade commitments in the area of state regulation, which have influence on the liberal free trade. The object of the paper is to highlight the changes that occurred in the selected areas of state regulation in the period 2001-2015, and to find out if China fulfilled its WTO commitments in the selected areas of state regulation. The aim of the qualitative research carried out in the area of state trading, price controls and state enterprises was to show the fact that although China liberalised its market in compliance with its trade commitments in the WTO, some strategic sectors of economy have remained under the influence of the Chinese state all the time.

Keywords: General Agreement on Tariffs and Trade, price controls, state-owned enterprises, state trading enterprises, World Trade Organization
JEL classification: F13, K33, P21

Published: November 30, 2017  Show citation

ACS AIP APA ASA Harvard Chicago IEEE ISO690 MLA NLM Turabian Vancouver
Fojtíková, L. (2017). State Regulation in China in the Light of Its WTO Membership. European Journal of Business Science and Technology, 3(1), 29-43. doi: 10.11118/ejobsat.v3i1.77
Share...
Download citation
  • BibTeX (.bib)
  • Bookends (.ris)
  • EasyBib (.ris)
  • EndNote (.enw)
  • EndNote 8 (.xml)
  • ISI WoS (.isi)
  • Medlars (.medlars)
  • Mendeley (.ris)
  • MODS (.xml)
  • Papers (.ris)
  • RefWorks (.txt)
  • RefManager (.ris)
  • RIS (.ris)
  • MS Word (.xml)
  • Zotero (.ris)
    • Open full article

    References

    1. Brugier, C. M. 2017. The EU's Trade Strategy towards China: Lessons for an Affective Turn. Asia Europe Journal, 15 (2), 199-212. Go to original source...
    2. Büge, M., Engeland, M., Kowalski, P. and Sztajerowska, M. 2013. State-Owned Enterprises in the Global Economy: Reason for Concern? [online]. Available at: http://voxeu.org/article/state-owned-enterprises-global-economyreason-concern. [Accessed 2017, January 13].
    3. Chandra, P. 2016. Impact of Temporary Trade Barriers: Evidence from China. China Economic Review, 38, 24-48. Go to original source...
    4. Curran, L. and Maiza, A. 2016. Here There Be Dragons? Analysis of the Consequences of Granting Market Economy Status to China. Journal of World Trade, 50 (6), 1029-1059. Go to original source...
    5. de Kok, J. 2016. The Future of EU Trade Defence Investigations against Imports from China. Journal of International Economic Law, 19 (2), 515-547. Go to original source...
    6. Dusek, D., Huang, P. X. and Zhu, A. 2015. China M&A: Reform Plan Promotes Mixed Ownership of State-Owned Enterprises. [online]. Available at: https://www.skadden.com/insights/china-ma-reform-plan-promotes-mixedownership-state-owned-enterprises. [Accessed 2017, January 12].
    7. EURObiz. 2015. Balancing Reform and Growth: China's 13th Five-Year Plan. In Journal of the European Union Chamber of Commerce. [online]. Available at: http://www.eurobiz.com.cn/balancing-reform-and-growth-chinas-13thfive-year-plan/. [Accessed 2017, January 13].
    8. Fan, G. and Hope, N. C. 2016. The Role of State-Owned Enterprises in the Chinese Economy. [online]. Available at: http://www.chinausfocus.com/2022/wp-content/uploads/Part+02-Chapter+16.pdf [Accessed 2017, August 8].
    9. Feng, L., Li, Z. and Swenson, D. L. 2017. Trade Policy Uncertainty and Exports: Evidence from China's WTO Accession. Journal of International Economics, 106, 20-36. Go to original source...
    10. FDI. 2013. Public Information Services: Legal Service: Company Law of the People's Republic of China, rev. in 2013. [online]. Available at: http://www.fdi.gov.cn/1800000121_39_4814_0_7.html. [Accessed 2017, January 11].
    11. Fojtíková, L. and Kovářová, J. 2014. Influence of China's Entry into the WTO on Cross-border Financing. In Proceedings of the 14th International Conference on Finance and Banking, pp. 74-79.
    12. Fortune. 2016. Global 500. [online]. Available at: http://beta.fortune.com/global500/. [Accessed 2017, January 12].
    13. GATT. 1987. General Agreement on Tariffs and Trade. Minutes of Meeting Held in the Centre William Rappard on 4 March 1987. [online]. Available at: https://docs.wto.org/gattdocs/q/GG/C/M207.PDF. [Accessed 2017, January 6].
    14. Gertler, L. J. 2002. What China's WTO Accession is All About. [online]. Available at: http://siteresources.worldbank.org/INTRANETTRADE/Resources/Gertler.pdf. [Accessed 2017, January 6].
    15. Lardy, N. R. 2014. Private Not State Firms are China's Growth Engine. [online]. Available at: http://www.eastasiaforum.org/2014/11/30/private-not-state-firms-are-chinasgrowth-engine/. [Accessed 2017, January 13].
    16. Lee, E., Walker, M. and Zeng, C. 2017. Do Chinese State Subsidies Affect Voluntary Corporate Social Responsibility Disclosure? Journal of Accounting and Public Policy, 36 (3), 179-200. Go to original source...
    17. Leutert, W. 2016. Challenges Ahead in China's Reform of State-Owned Enterprises. Asia Policy, 21, 83-99. Go to original source...
    18. Lopez, R. A., He, X. and de Falcis, E. 2017. What Drivers China's New Agricultural Subsidies? World Development, 93, 279-292. Go to original source...
    19. National Bureau of Statistics of China. 2016. China Statistical Yearbook 2016. [online]. Available at: http://www.stats.gov.cn/tjsj/ndsj/2016/indexeh.htm. [Accessed 2017, January 11].
    20. OECD. 2015. State-Owned Enterprises in the Development Process. [online]. Available at: http://www.oecd-ilibrary.org/finance-andinvestment/state-owned-enterprises-inthe-development-process_9789264229617-en. [Accessed 2017, January 11].
    21. OECD. 2016. State-Owned Enterprises as Global Competitors. A Challenge or an Opportunity? Paris: OECD Publishing.
    22. Taube, M. and Schmidkonz, C. 2015. Assessment of the Normative and Policy Framework Governing the Chinese Economy and Its Impact on International Competition. Brussels: AEGIS Europe. [online]. Available at: https://static1.squarespace.com/static/5537b2fbe4b0e49a1e30c01c/t/558ba747e4b004a9529395ae/1435215687902/MES+China+Study_Taube_Full+Version-25June15_F.pdf [Accessed 2017, August 5].
    23. The Economist. 2014. State-owned Enterprises. Reform of State Companies Is Back on the Agenda. [online]. Available at: http://www.economist.com/news/china/21614240-reform-state-companies-backagenda-fixing-china-inc. [Accessed 2017, January 12].
    24. The State Council. 2017. China's Political System. [online]. Available at: http://www.china.org.cn/english/Political/28842.htm. [Accessed 2017, January 8].
    25. WTO. 1994. Legal Texts: the WTO Agreements. Marrakesh Agreement Establishing the WTO. [online]. Available at: https://www.wto.org/english/docs_e/legal_e/04-wto.pdf. [Accessed 2017, January 6].
    26. WTO. 2001a. Protocol of Accession. [online]. Available at: https://www.wto.org/english/thewto_e/acc_e/a1_chine_e.htm. [Accessed 2017, January 8].
    27. WTO. 2001b. Report of the Working Party. [online]. Available at: https://www.wto.org/english/thewto_e/acc_e/a1_chine_e.htm. [Accessed 2017, January 8].
    28. WTO. 2006. Trade Policy Review. Report by Secretariat - China. [online]. Available at: https://www.wto.org/english/tratop_e/tpr_e/tp442_e.htm. [Accessed 2017, January 10].
    29. WTO. 2008. Trade Policy Review. Report by Secretariat - China. [online]. Available at: https://www.wto.org/english/tratop_e/tpr_e/tp299_e.htm. [Accessed 2017, August 9].
    30. WTO. 2010. Trade Policy Review. Report by Secretariat - China. [online]. Available at: https://www.wto.org/english/tratop_e/tpr_e/tp330_e.htm. [Accessed 2017, August 8].
    31. WTO. 2012. Trade Policy Review. Report by Secretariat - China. [online]. Available at: https://www.wto.org/english/tratop_e/tpr_e/tp364_e.htm. [Accessed 2017, August 9].
    32. WTO. 2014. Trade Policy Review. Report by Secretariat - China. [online]. Available at: https://www.wto.org/english/tratop_e/tpr_e/s300_e.pdf. [Accessed 2017, August 9].
    33. WTO. 2016. Trade Policy Review. Report by Secretariat - China. [online]. Available at: https://www.wto.org/english/tratop_e/tpr_e/tp442_e.htm. [Accessed 2017, January 8].
    34. Yan, J. 2017. Privatisation and Trade Performance: Evidence from China. Asian-Pacific Economic Literature, 31 (1), 66-78. Go to original source...
    35. Yu, Y. 2013. Rethinking China's Market Economy Status in Trade Remedy Disputes After 2016: Concerns and Challenges. Asian Journal of WTO & International Health Law and Policy, 8 (1), 77-113.

    This is an open access article distributed under the terms of the Creative Commons Attribution-ShareAlike 4.0 International License (CC BY-SA 4.0), which permits use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.


    Return to the content