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What does WTO 15 mean?
After China's entry into WTO, there is no general concept or time point of "transition period" for all obligations and commitments. The actual situation is to determine the transitional arrangements according to the specific commitments determined after negotiations in various industries, commodities or service sectors.

At that time, in China's WTO accession negotiations on 200 1, one of the negotiation principles was "to join as a developing member", which was the principle that won China some preferential treatment, including GSP arrangement, allowing developing members to temporarily deviate from the multilateral disciplines of the WTO for the purposes of balance of payments, protection of immature industries, exemption from certain obligations, and longer transition period arrangements.

As a result, some industries in China have enjoyed certain "transition period" arrangements, and the transition period of most industries and fields has ended. For example, in terms of opening up the right to operate foreign trade, the time limit for the transition of the right to operate foreign trade from "examination and approval system" to "registration system" is three years after China's accession to the WTO; The total tariff level has dropped from 14% before China's entry into WTO to 10%, and the longest implementation period will be 2008.

Non-tariff measures, phasing out more than 400 non-tariff measures that WTO members no longer retain, will be completed within 1-3 years after China's accession to the WTO. In the field of service trade, China promised to allow foreign law firms to set up representative offices in China, and to cancel the geographical and quantitative restrictions on representative offices in China after China's accession to the WTO 1 year;

In terms of commercial existence of banks, five years after China's entry into WTO, foreign banks are allowed to provide RMB services to enterprises and individuals in China. And basically all their promises have been fulfilled.

Extended data

In fact, according to the white paper "China's Foreign Trade" published by the State Council Information Office on February 7, 20 1 165438, as of 20 10, China's commitment to join the World Trade Organization has been fully fulfilled.

According to the analysis of CCTV news client article, first of all, the automobile tariff as the focus has basically fulfilled its promise. According to the commitment, China will reduce the import tax rate of cars, off-road vehicles and passenger cars from 28% to 25% from July 1 day, 2006, and the import tax rate of automobile parts such as car body, chassis and low-and medium-displacement gasoline engine will be reduced from 13.8% to 16.4%.

So far, China's promise to reduce the tax on automobiles and their parts after its accession to the World Trade Organization has been fulfilled.

According to the agreement, China must begin to fulfill its obligation of reducing import tariffs from the date of its accession to the WTO, and basically fulfill it before 2004, and a very small number of goods can be granted a grace period of 20 10.

Strawberries, for example, belong to agricultural products and other fresh fruits. The binding rate was 27. 1% on the date of joining, and the final binding rate was 14%, which was implemented 20 10 years ago. The bound tax rate of "skin care products" was 28.7% on the day when it was added, and the final bound tax rate implemented in 2008 was 6.5%.

Baidu Encyclopedia-World Trade Organization