China's Integration Into The Benefits And Costs Of The Process Of Trade Liberalization

Trade liberalization has become an irreversible and irresistible trend of the times. When the waves swept across the world, different countries have adopted different measures to actively integrate into the process of trade liberalization. Both share the economic benefits, also avoid the risks of trade liberalization. Study the relations of trade liberalization and China, which will make China benefit in the entering into the economic globalization process.Research on the trade liberalization is not a new topic, scholars have a lot of research into the development of trade liberalization and the impact of trade liberalization on the world economy, also have a lot of analysis of China's integration into the trade liberalization process. It has not researched a lot in the issue of market economy status, getting more and more trade friction and so on after China joining the WTO. This paper will be further research into the relation problem of the costs and benefits of trade liberalization process.In this paper, there are four aspects, the first part is the theory of trade liberalization; the second part analysis the trade liberalization process; the third part analyzes China's interests, the price in integrating into the trade liberalization process; the four part is the suggestions to deal with trade liberalization. Accessing to the WTO, China has actively integrated into the process of trade liberalization. Trade liberalization is a double-edged sword, brings opportunities'and challenges. Trade liberalization provides China taking full advantage of international markets and capital in the international division of labor, gives us better opportunity playing the comparative advantage in order to reallocate resources to improve China's overall economic gains; Promotes China's market economic system formation; China can take advantage of the rights given by WTO and protect its. industries within the framework of the WTO. It will face much more challenges for China in the process of market opening, for instance the fields of macroeconomic policy management; trade friction, especially in non-market economy countries identified; the challenge of export commodities structure, China's exports are mainly labor-intensive products, leading to worsening terms of trade. In light of these problems, China can implement a managed trade liberalization strategy by changing the mode of economic growth, brand strategy and focus on talent to improve the products' international competitiveness, reduce unnecessary trade frictions, if necessary, we can appeal the WTO dispute settlement mechanism; gradually converging with international rules, transform government functions and give full play the role of market mechanisms, so that China can use a lower cost to obtain the greatest benefits in entering into the trade liberalization process, from a large trade country to a trade power.