China Embraces the World Market
November 2002
Overview of report
China's entry to the World Trade Organization is an important milestone in its historic journey to 'embrace the world market'. Not only is China further lowering its trade and investment barriers, generating immediate opportunities for exporters and investors, but its WTO entry package reinforces the reform program that is revolutionising the Chinese economy. By further scaling back the role of the state sector, opening and restructuring the financial sector, strengthening the legal system and gradually levelling the playing field for private and foreign firms, China should improve its still challenging business environment and maintain strong growth over the next decade, providing expanding opportunities for Australian business.
The report analyses the impacts of WTO entry and other recent reforms on China's economy, forecasting prospects and highlighting major Australian opportunities emerging in agriculture and agribusiness, minerals and energy, manufacturing, infrastructure and services. It provides guidance on navigating the rapidly changing business environment, helping business reduce risk and capture emerging commercial opportunities. The report updates the EAU's major 1997 report, China Embraces the Market.
- Download full report [ PDF 936 Kb ]
- Executive Summary [ PDF ]
- Table of Contentsf [ PDF ]
- Company Case Studies
- Recent Chinese Macroeconomic Policies - Associate Professor Yong Cao, Department of Economics, Nanyang Technological University, Singapore
- The Chinese Telecommunications Industry - Dr Yanrui Wu, Senior Lecturer, Department of Economics, University of Western Australia
- The Chinese Oil and Gas Industry - Dr Yinhua Mai, Researcher, Centre of Policy Studies, Monash University
- Recent Reforms in China's Grain Policies - Associate Professor Harry Wu and Ms Esther Shea, Hong Kong Polytechnic University
Launches
Melbourne, Tuesday 26 November 2002
- Speech by the Minister for Trade, the Hon Mark Vaile
- Presentation [ PDF ] and speech from Dr Frances Perkins, Executive Director, EAU
- Presentation [ PDF ] and speech from Bill O'Shea, Partner, Hunt and Hunt Lawyers
- Presentation [ PDF 8.0 Mb ] from Carl De Koning, General Manager, Strategy and Human Resources, Air International
Perth, Wednesday 27 November, 2002
- Presentation from Brian Hopkins, Acting Director, International operations, Central TAFE (speech to be supplied)
Brisbane, Friday 29 November, 2002
- Speech from Lyle Bruce, General manager Marketing, MIM Process Technologies
- Presentation [ PDF 650 Kb ] and Speech from Ed Vowles, Director, Cardno MBK
Sydney, Monday 2 December, 2002
- Presentation [ PDF ] from Geoff McMillan, Logistics Manager, Email Metering
Contact details
Phone: +61 2 6261 2237
Fax: +61 2 6261 3493
Email: economic.analytical@dfat.gov.au
Sponsors
This report is proudly sponsored by
The Australia-China Business Council also is assisting to launch this report
[Economic Analytical Unit Homepage]
This page last modified: Tuesday, 01 December 2009 10:57:50 PM Local Date: Friday, 24 May 2013 01:37:11 PM