If China's Services Industry Is to Be Successful in Opening Up to the Outside World, It Must First Succeed in Handling Several Relationships Correctly

Wang Luolin

Chinese Economy, 2000, vol. 33, issue 2, 42-48

Abstract: In recent years, guided by an ideology that is both positive and steady, we in China have gradually accelerated the pace of opening up our services industry to the outside world. We have, to a limited extent, opened up a number of service sectors, including professional services, computer and related services, petroleum exploration and development services, and services in construction, real estate, urban planning, banking, insurance, trade, transportation, and so on. The achievements that our services industry has already made in opening up are apparent. Nonetheless, from a general perspective, access to China's service sector is still very low, and there are still, relatively speaking, too many restrictions, and therefore this has become a focal problem in the negotiations on China's admittance to membership in the World Trade Organization (WTO).

Date: 2000
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