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Service Sector in China After its Accession to the WTO

Author

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  • Anil K. Kanungo

    (The Author is with the Indian Institute of Foreign Trade, New Delhi. His areas of specialization include China and WTO affairs.)

Abstract

China's membership to the World Trade Organization (WTO) has given a new dimension to the conduct of world business. With this, China has made a radical departure from its past and brought in a whole range of changes as far as the processes of opening up and liber-alization are concerned. Its services sector is presently experiencing a radical reforms programme in accordance with China's commitments under the General Agreement in Trade and Services (GATS). It is set to eliminate restrictions of all kinds in a couple of years. How-ever, the slow reform process coupled with a continuation of restrictions with regard to some specific sectors are delaying the gains, which could have otherwise been realized. Yet China's services sector yields good results. The geographical restrictions on services liberalization, for instance, have allowed economic activities to get concentrated in specific areas resulting in regional disparity. On the whole, services liberalization affirms that putting a proper regulatory framework in place and appropriate sequencing of reforms may yield good results for China.

Suggested Citation

  • Anil K. Kanungo, 2005. "Service Sector in China After its Accession to the WTO," International Studies, , vol. 42(3-4), pages 229-345, October.
    • Handle: RePEc:sae:intstu:v:42:y:2005:i:3-4:p:229-345
    DOI: 10.1177/002088170504200309
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    References listed on IDEAS

    as
    1. Ianchovichina, Elena, 2001. "Trade Liberalization in China’s Accession to WTO," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 16, pages 421-445.
    2. Mark Armstrong & Simon Cowan & John Vickers, 1994. "Regulatory Reform: Economic Analysis and British Experience," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262510790, December.
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    Cited by:

    1. Michael D. Clemes & Baiding Hu & Xuedong Li, 2016. "Services and economic growth in China: an empirical analysis," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 21(4), pages 612-627, October.

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