China: International Trade and WTO Accession
IMF Working Papers, March 1, 2004
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- China: International Trade and WTO Accession
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Bibliographic details
- Authors: Nicolas R Blancher, Thomas Rumbaugh
- Published: March 1, 2004
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451845488.001
Summary
- China's increasing integration with the global economy has contributed to sustained growth in international trade.
- Exports have become more diversified, and greater penetration of industrial country markets has been accompanied by a surge in China's imports from all regions—especially Asia.
- China plays an increasingly central role in regional specialization.
- Tariff reforms have been implemented in China since the 1980s.
- With its recent WTO accession, China has committed itself to additional reforms that are described as far-reaching and challenging.
- Sustained implementation of these commitments would further deepen China's international integration and generate benefits for most partner countries.
Findings on export and import performance
- Exports: diversification and increased penetration of industrial country markets.
- Imports: surge from all regions, with particularly strong growth from Asia.
- Regional role: China increasingly central to regional specialization in Asia.
- Trade balance and world export market shares are central focal points (subjects listed include Export performance, Exports, Imports, International trade, Tariffs, Taxes, Trade balance).
Tariff reforms and WTO accession
- Tariff reforms have been ongoing since the 1980s.
- WTO accession is characterized as involving additional, far-reaching, and challenging reforms.
- Sustained implementation of accession commitments is linked to deeper international integration and widespread partner-country benefits.
Policy implications and recommendations
- Continue implementation of tariff and trade-related commitments arising from WTO accession to deepen integration.
- Emphasize reforms that facilitate regional specialization and integration, particularly within Asia.
- Monitor import and export diversification trends and adjustments to industrial-country market access as part of assessing policy impact.
Publication and metadata
- Authors: Nicolas R Blancher, Thomas Rumbaugh
- Publication date: March 1, 2004
- Series: IMF Working Papers
- Issue: 036
- Series title: Working Paper No. 2004/036
- Pages: 25
- Volume: 2004
- DOI: https://doi.org/10.5089/9781451845488.001
- Stock No: WPIEA0362004
- ISBN: 9781451845488
- ISSN: 1018-5941
- Format citation preview: Nicolas R Blancher, and Thomas Rumbaugh. "China: International Trade and WTO Accession", IMF Working Papers 2004, 036 (2004), accessed 9/17/2026, https://doi.org/10.5089/9781451845488.001
- Subjects: Export performance, Exports, Imports, International trade, Tariffs, Taxes, Trade balance
- Keywords: accession protocol, Asia and Pacific, China, China's export, export, export base, Export performance, Exports, Global, growth momentum, Imports, International Trade, product, Tariffs, trade, Trade balance, trade emergence, world export market shares, WP, WTO, WTO accession, WTO membership
IMF Working Paper: "China: International Trade and WTO Accession" by Nicolas R Blancher and Thomas Rumbaugh, March 1, 2004.