Economics, Econometrics and Finance
8 years ago

China's WTO Participation to Revolutionize Market Economy and Living Standards.

The Ideological Front
Influences of China’s Participation in the WTO on the Further Reform of Market Economy System
Cao Ming

Paper Summary

China's participation in the WTO has brought both opportunities and challenges. It is helping to improve the market system, legal system, and industrial structures in the country. Although challenges are currently present, in the long run, this participation will benefit economic development and improve living standards.

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