WTO Rules and China's Foreign Investment Policy

Author: Zhao Beiwen
Publisher:
Publish Date: 2004-05-01
Features: What impact will China's rise have on the world, and conversely, what are the crucial factors that will shape China's path to prosperity? We cannot overlook these elements. Whether it is the global supply of resources or the scale of the world market, we must carefully plan our strategic positioning for national strength. On its own journey to becoming a strong nation, China will act as a responsible major country in the international community, participating in system-building and global governance, fulfilling the role a major power should play in the international economy. In the history of the world, during the era of colonies and imperialism, warships were the symbols of strong nations, aggression was a common trait of powerful countries, and strong nations survived by governing and enslaving other countries. However, China's rise is for the well-being of its people and the dignity of its nation, and it has achieved strength through international cooperation in globalization. This book analyzes the evolution of trade and investment issues during the process of economic globalization, as well as the impact of the development of international investment rules on China's foreign investment policies. On one hand, the development of trade liberalization requires investment policies not to constrain trade expansion, and the expansion of the scope and jurisdiction of the World Trade Organization was designed to address this issue. On the other hand, the development of economic globalization demands that investment policies also become globalized, requiring international investment rules to achieve a certain degree of uniformity. Therefore, the adjustments in China's foreign investment policies are not only related to trade and investment issues themselves but are also closely linked to the development of economic globalization.