World Trade

Organization

RESTRICTED

 

WT/ACC/CHN/49

1 October 2001

 

(01-4679)

 

 

Working Party on the

Accession of China

 

 

 

 

 

 

 

 

 

 

 

REPORT OF THE WORKING PARTY

 

ON THE ACCESSION OF CHINA

 

 


TABLE OF CONTENTS

I.          INTRODUCTION.......................................................................................................... 1

1.         Documentation Provided................................................................................................ 1

2.         Introductory Statements................................................................................................. 1

II.        ECONOMIC POLICIES............................................................................................... 3

1.         Non-Discrimination (including national treatment)........................................................ 3

2.         Monetary and Fiscal Policy............................................................................................ 5

3.         Foreign Exchange and Payments................................................................................... 5

4.         Balance-of-Payments Measures..................................................................................... 7

5.         Investment Regime........................................................................................................ 8

6.         State-Owned and State-Invested Enterprises............................................................... 8

7.         Pricing Policies............................................................................................................. 10

8.         Competition Policy....................................................................................................... 12

III.       FRAMEWORK FOR MAKING AND ENFORCING POLICIES............................. 12

1.         Structure and Powers of the Government.................................................................... 12

2.         Authority of Sub-National Governments...................................................................... 13

3.         Uniform Administration of the Trade Regime............................................................. 14

4.         Judicial Review............................................................................................................. 14

IV.       POLICIES AFFECTING TRADE IN GOODS........................................................... 15

A.        TRADING RIGHTS........................................................................................................ 15

1.         General......................................................................................................................... 15

2.         Designated Trading...................................................................................................... 17

B.         IMPORT REGULATION................................................................................................ 17

1.         Ordinary Customs Duties............................................................................................. 17

2.         Other Duties and Charges........................................................................................... 19

3.         Rules of Origin............................................................................................................. 19

4.         Fees and Charges for Services Rendered................................................................... 19

5.         Application of Internal Taxes to Imports..................................................................... 19

6.         Tariff Exemptions......................................................................................................... 20

7.         Tariff Rate Quotas........................................................................................................