Fiscal Subsidies In The Process Of Outward-looking Economic Development In China

The dissertation is dedicated to analyze the readjustment and restructuring of fiscal subsidies in the process of outward-looking economic development in China against China's accession to WTO. Its arguments are based on the study of the theories regarding the fiscal subsidy and outward-looking economic development and the study of the international practical experience. The research is of realistic significance and innovative theoretical value under the new situation. The dissertation is divided into six chapters. The first chapter summarizes the theory of the fiscal subsidy and outward-looking economic development. It firstly discusses the general ideas of the fiscal subsidy and analyzes its effects. And then it expounds the related theories and policies of the outward-looking economic development. The second chapter sums up the practice of the fiscal subsidy and outward-looking economic development policy. It discusses the experiences in some countries and regions respectively and the implications from the comparison and appraisement of a number of international fiscal subsidy patterns. The third chapter studies the China's fiscal subsidy and outward-looking economic development. In this chapter, according to the data of the historical documents and the financial statistics annals, it analyzes the current situation and the existing problems of China's fiscal subsidy system in the past fifty years. And, it interprets the origin of these problems. At the end of the chapter it analyzes in details China's fiscal subsidy practice related to the outward-looking economic development in the past two decades. The fourth chapter illustrates the subsidy regulations in WTO. It begins from the introduction of the three regulations in WTO regarding the subsidy and anti-subsidy and their backgrounds. Then it appraises the contents of three regulations and presents the enlightenments and references derived from them.The fifth chapter delves into China's fiscal subsidy under WTO background. It first analyzes the China's fiscal subsidy related to the outward-looking economic development, comparing with WTO rules, and expounds the revolutionary requirements placed by WTO on China's subsidy policies and China's explanation and countermeasure for it. Secondly, it expounds the rights and obligation enjoyed and assumed by China respectively after its entry into WTO and China's commitment with regard to the fiscal subsidy. The sixth chapter discusses China revolution and countermeasures on the fiscal subsidy after China's accession to WTO. It analyzes this issue in two steps. At the first step, it puts forward the proposition of an overall revolution toward the existing problems and its origin in China's fiscal subsidy. At the second step, combining the global practical experience on subsidy and anti-subsidy, it puts forward the countermeasures and suggestions for the fiscal subsidy in China's outward-looking economic development in conformity with WTO requirements and rules.