Why does China want to join the World Trade organization?

Why does China want to join the World Trade organization? This course submitted the fulfillment of the requirement for the degree of Bachelor of Arts. Abstract Why does china want to join WTO? What benefits can we get from joining WTO? WTO is a worldwide trading organization, whose precursor is GATT (general agreement of tariff and trade). The WTO system encourages good government and the freer trade in its system will cut the cost of living. It can also bring Chinese consumers more choice and stimulate China’s economy grow. If we are the member of WTO and we have trade disputes with other member states, the WTO system allows the disputes to be handled constructively. Joining WTO is the requirement of China’s Open and Reform Policy as well. Joining WTO can promote China’s economy system reform and improve Chinese enterprises’ competition abilities. It can also help China create an integrated law system. So no matter what obstacles China will meet on its way to WTO, China never stop his step. China must and should be the member of the World Trade Organization.