International Practices in the Financial Industry and World Trade Knowledge

Author: Zhou Daoxu
Publisher:
Publish Date: 2002-11-01
Features: With China's entry into the WTO, it is essential to strengthen the study and research of WTO rules and international financial practices to effectively manage financial reform and development. We must strive to master the skills of handling financial work under open conditions and adeptly reduce potential financial risks from the international market to the minimum extent, thereby better promoting our country's modernization efforts. I am pleased to see that comrades like Zhou Daoxu have made valuable explorations in the field of WTO rules and international financial practices, achieved meaningful research outcomes, and compiled the book "International Practices in Finance and WTO Knowledge." This book introduces the international financial practices that financial industries should follow upon joining the WTO, lists the experiences and lessons of other countries' financial industries in joining the WTO, closely aligns with China's financial realities and specific commitments under the WTO, analyzes the current state of China's financial industry, and proposes several strategies for response. It is a timely and well-crafted work.
After China's entry into the WTO, it is crucial to promptly address corresponding tasks. The immediate priority is to further deepen reforms and continuously improve the socialist market economy system. Practical and effective measures should be taken to enhance the competitiveness of China's industries and enterprises, strengthen talent cultivation and attraction, and build a professional workforce proficient in WTO rules. This will continuously strengthen our comprehensive national strength and international competitiveness, enabling us to take the initiative in the fierce global competition.
China must seize the opportunities of joining the WTO to realize the benefits of becoming a member of the organization. The most important aspect is to familiarize itself with, master, and effectively utilize the various rules and international practices of the WTO. It is essential to conduct in-depth research on the operational mechanisms of the WTO, rationally leverage its favorable provisions, and navigate its challenges to secure opportunities for self-adjustment and development while genuinely safeguarding our national interests.