China's WTO Accession to Reshape Global Agricultural Trade Landscape
China's entry into the WTO will lead to changes in its agricultural trade policies. The new rules will make policies more transparent and subject to strict regulations. China aims to improve market access for its agricultural exports, which currently face higher barriers than industrial products. The country will need to reform its state trading arrangements to align with WTO guidelines. The shift towards a more open trading system could result in significant adjustments to China's agricultural policies, especially in promoting exports of labor-intensive products like fruits and vegetables.