On the tenth anniversary of China’s entry into wto, a trigger a global attention from the news from Geneva, Switzerland: in this month 16 days of the ministerial conference of the world trade organization, Russia was officially permitted to join the world trade organization, and 18 years of painting a wto finally. Analysts said thatRussia’s entry into the wto will trade between Chinaand Russiais concerned, opportunities and challenges. Yiwu businessman wants, after this commodity in a more standard way into the emerging market inRussia. yiwu commodity show more high quality and reasonable price
Accession to the world trade organization,Russiawill better integration into the global economy, and according to the uniform trade rules. Among them, the reduced tariffs as its realization “into” the important one of adjustment. According to the world trade organization andRussiaeconomic development published documentation, afterChina’s entry into the wto, the Russian general tariff levels will from the current 10% to 7.8%, with the level of agricultural tariffs fell to 13.2% from 10.8%, industrial tariffs level from 9.5% to 7.3%.
“The yiwu commodity exports Russia, it is obviously good news.” Yesterday, yiwu foreign trade and economic cooperation bureau of foreign trade coco ZhouWenBin long said, afterRussiatariffs, yiwu commodity will be more can show the advantages of good quality and low price to open further to Russian market.
However, ZhouWenBin points out, and hadChina’s entry into the wto, and the lower tariffs will have a process, may take years to complete. In the short term, yiwu to Russian commodity export growth may not have obvious ascension.
Drowning swimmer,RussiaandChinatrade tends to be an orderly
“Previously, due to higher tariffs onRussia, regulatory, such as the lack of factors, some Chinese businessman choice as the” gray clearance ‘way and the Russian buyers, and trade afterChina’s entry into the wto, the trade will be further regulating the way.” ZhouWenBin said the trade friction to the solution of the problem, will also be drowning swimmer.
Yiwu businessman SunJinXian, inRussia’s accession to the wto that the feeling extremely. He had to solve the “gray clearance”, through the joint efforts of government holding 40% of the joint Moscowtower hill group, and set up the Moscow-yiwu international trade center and cause the social from all walks of life wide public concern. NowRussia’s entry into the wto, SunJinXian mood quite excited: “this will make the trade betweenChinaandRussiaon more legal, the standard way.”
Yiwu large foreign trade electric business platform China yiwu trade nets principals in heard this news is very happy. She said: “Russia’s accession to the wto to further reduce tariffs,RussiaandChinatrade environment, we will further improve was very optimistic about the market potential ofRussia’s accession to the wto.” She also remind yiwu enterprise, Russia’s entry into the wto, means that there will be a more open, free market, but for products import and export of supervision and review shall more strict, enterprise should further enhance product quality, class, increase the market competitive power.
The disadvantages, meet Russia’s entry into the wto challenges
Yiwu as the national synthetically reform testing district a 10, with the reform “first try first” “dongfeng”, now has becomeChina’s largest small commodity export base and important international trade window. According to information, yiwu every year to purchase by foreign investors of more than 400000 people, the overseas enterprise established in yiwu represent the purchase by foreign investors of more than 400000 people, and the permanent yiwu by foreign investors reached 13000, annual export commodities above 550000 teu, radiation to more than 200 countries and regions.
“When yiwu index started to rise, the more strong track will describeChinain global growth. It can also be used to describeChina’s rise as a geopolitical powers of the track. And its customers and yiwu an incredible amount of goods carry far more than the outside world will now look at it, it is the birthplace of the trade new world order.” This is the British newspaper The Times to yiwu yiwu commodity index and evaluation of the international status, and its praise of love shows.
Russia’s entry into the wto, to expand and deepen trade cooperation betweenChina andRussiawill bring new development opportunity already, also can bring new competition and challenges. Face to the world trade organization has entered into theRussia, asRussiaimportant trade partners of China yiwu to prepare, to the disadvantages, serious challenge to meet relevant.
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