China Has Become The First Power In The Global Market Economy, And Trade Protection Has Left The Spirit Of The Contract Clean.

In today's world, the economies of different countries have been linked to each other as "the destiny community in which you have me and I have you". No one can develop independently and independently.

Nowadays, almost any industrial product can not be isolated from the global value chain.

It can be said that a global market, which contains the vast majority of the world and has increasingly close ties, has become the foundation of the world economy.

In this global market, China has become the indisputable first power to contribute to the world economy by about 30% and the largest trade share each year.

However, over the past 15 years, China has fulfilled almost all its commitments when it joined the WTO. However, some members openly declared that they would violate the agreement signed by China when they joined the WTO and refused to recognize China's "market economy status".

Behind the scale change is

Profound changes in the pattern.

In the past 15 years, the share of emerging market economies and developing countries has increased from less than 40% to over 50%, and the pattern of "investment from developed countries and developing countries accepting investment" has changed to mutual investment.

At the same time, China has gradually entered the central stage of the world economy.

At present, China is the world's largest producer of products, the largest consumer market country, the first to attract foreign investment and the second largest foreign investor.

It can be said that without the promotion and maintenance of China, the multilateral trading system will not be viable.

The so-called "do not recognize China's market economy status", its real intention is that when China launched the so-called anti-dumping investigation, it still used the "third country market" price of similar products as a reference, rather than using the Chinese market price as a reference, so as to impose high tariffs on products from China.

But in doing so, they can only be hurt by these countries themselves.

Today, there are about 1/3 products in the global market. China has the largest market share in the world.

The number of "world market share" in China is almost two and a half times that of the US, which is ranked second, and most of them are medium and high end products.

In such a world market, what will be the consequences of not recognizing China's market economy status? Obviously, it is almost impossible that these countries want to protect their similar industries, but importers use the "bypass" approach to avoid high tariffs through other countries' re exports.

At present, the world economic situation is complicated, and there are many factors of "reverse globalization", but the trend of global market integration will not change.

This year, the G20 Hangzhou summit introduced "G20".

The growth strategy has already pointed out the direction of Global trade development. It is the road to economic prosperity by reducing trade costs, strengthening trade and investment policy coordination, promoting service trade, enhancing trade financing, formulating trade climate index, and promoting e-commerce to achieve sustainable development of trade.

Trade protectionism, the establishment of a "small trade circle" and the boycott of the multilateral trading system will eventually be drowned by the flood of global markets.

During the past 15 years, many changes have taken place in China's accession to the WTO. The biggest changes are the embrace of the market and the recognition of the market for China.

According to Long Yongtu, chief representative of China's resumption of diplomatic relations and accession to the WTO, recalled that in 90s of last century, when China carried out related negotiations, every representative from the United States to Europe forced the Chinese people to "admit" that they were practicing a market economy.

From the planned commodity economy to the establishment of a socialist market economic system, from "making the market play a fundamental role in the allocation of resources under the macro control of the state" to "making the market play a decisive role in the allocation of resources and playing a better role in the government", China's deepening understanding of the relationship between the plan and the market, the government and the market is the best example of China's practice of the market economy.

The spirit of contract is the cornerstone of market economy and the basic principle of international law is to abide by treaties.

At the beginning of this century, the development of various aspects of the socialist market economy is not yet mature, and the pains of convergence can be imagined, but China is exemplary in fulfilling its commitments.

Starting in January 1, 2002, China began to reduce tariffs in a comprehensive manner. By January 1, 2010, the total tariff level dropped from 15.8% to 9.6%, and the tax reduction commitments for all products have been fulfilled, and even more than 400 have been phased out.

In terms of trade and investment, the right to operate foreign trade has changed from "approval system" to "registration system". Foreign law firms can set up representative offices in China, and foreign banks can provide RMB business to Chinese enterprises and individuals.

If Chinese enterprises have withstood the impact of "dancing with Wolves" for 15 years, the Chinese market and the government have also withstood the test of "leading the wolf into the house".

It can be said that China is a well deserved model in accepting international rules and integrating into the international order.

With market access and openness increasing significantly, opportunities and development have arrived unexpectedly.

In the 15 years after China's accession to the WTO, China's export volume has increased by about 7.6 times, and its import volume has increased by nearly 6 times. It has rapidly jumped from the world's sixth largest trading country to the world's largest trading nation.

After the global financial crisis, "China's demand" is becoming more and more dazzling.

Since the eighteen Party's growth, China's urban and rural residents' income growth has been higher than GDP growth for 3 consecutive years, and the social security system has been continuously improved, and Chinese people's consumption ability and consumption will gradually increase.

In 2015, the number of people leaving China was 120 million, and overseas consumption was as high as 1 trillion and 500 billion yuan.

In 2015, China's share in Global trade exceeded 13%, which is called the "ballast stone" of world economic stability.

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