Government TPR |
WT/TPR/G/342 |
G-II§31 |
China |
2016 |
Trade Policy Framework |
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Agriculture is a key industry in terms of expanding domestic demand and adjusting economic structure and is of great significance for the long-term stability and sustainable development of China's economy and society. (...)
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Government TPR |
WT/TPR/G/342 |
G-II§48 |
China |
2016 |
Measures |
Internal taxes |
Not specified |
Relevant information
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(...) The Chinese government has also pressed ahead with reform of consumption tax and legislation on environmental protection tax, and gradually promoted the reform of personal income tax that combines comprehensive and classified measures.
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Government TPR |
WT/TPR/G/342 |
G-II§60 |
China |
2016 |
Trade Policy Framework |
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The Chinese government has continued to intensify its efforts in price reform, successively relaxed control over or delegated the authority of prices for nearly 80 commodities and services and revised the government pricing catalogue. The items subject to central government pricing were cut by around 80%, and the items subject to local governments pricing were reduced by over 50%. Besides, the pricing policy for energy conservation and environmental protection has been further improved and the work of sorting out and standardizing import and export charges has continued.
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Keywords
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Energy
Conservation
Environment
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Government TPR |
WT/TPR/G/342 |
G-III§31 |
China |
2016 |
Trade Policy Framework |
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On 10 April 2015, the Catalogue for the Guidance of Foreign Investment Industries (2015 Revision) began to be implemented. Compared to the 2011 version, the number of items listed in the restrictive category decreased from 79 to 38, that of items limited to Chinese-foreign equity or contractual joint ventures dropped from 43 to 15, and that of items to be controlled by the Chinese party went down from 44 to 35. This revision of the Catalogue represents the biggest degree of opening up in the six revisions, which reflects the government's further efforts to encourage foreign investment in modern agriculture, high and new technology, advanced manufacturing, energy conservation and environmental protection, new energy, modern service industries and etc., as well as in research and development.
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Keywords
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Energy
Conservation
Environment
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Government TPR |
WT/TPR/G/342 |
G-III§47 |
China |
2016 |
Trade Policy Framework |
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Relevant information
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China holds that to fully conclude the Doha Round of negotiations, all members need to adhere to the development orientation, respect the mandate and the progress already made, and adopt practical, balanced and feasible methods to benefit all. The conclusion should help create opportunities for developing, especially the least developed country members, and help achieve the goals in the United Nations 2030 Agenda for Sustainable Development. (...)
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Keywords
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Government TPR |
WT/TPR/G/342 |
G-III§53 |
China |
2016 |
Trade Policy Framework |
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Relevant information
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China has been dedicated to promoting trade liberalization of environmental goods. In early 2014, it launched the negotiations of Environmental Goods Agreement (EGA) with some WTO members to explore various opportunities for trade liberalization of environmental goods within the WTO framework. China hopes that the negotiations could reach significant outcomes with balanced benefit so as to achieve triple-win for trade, environment and development.
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Keywords
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Government TPR |
WT/TPR/G/342 |
G-III§61 |
China |
2016 |
Trade Policy Framework |
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China has adhered to the win-win, multi-win and win-for-all development concept. It is one of the most open markets to the LDCs and has continued offering unilateral preferential treatment to the LDCs. At the Asian-African Summit held in April 2015, President Xi Jinping announced that China would be firmly committed to closer Asian-Africa cooperation, and would provide zero-tariff treatment to 97% of tariff lines from the LDCs having diplomatic ties with China by the end 2015. In December 2015, the Johannesburg Summit of the Forum on China-Africa Cooperation (FOCAC) was held in South Africa. President Xi Jinping proposed that the new type strategic partnership between China and Africa be upgraded to a comprehensive strategic and cooperative partnership. By focusing on industrial capacity cooperation as well as the three networks and industrialization, China-Africa cooperation in all areas would be deepened to enable both people to share the benefits of cooperative development. China also expressed its willingness to conduct pragmatic cooperation with Africa in ten major areas including industrialization, agricultural modernization, infrastructure, finance, green development, trade and investment facilitation, poverty reduction, public health, culture and people-to-people exchange, as well as peace and security.
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Government TPR |
WT/TPR/G/342 |
G-IV§1 |
China |
2016 |
Trade Policy Framework |
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(...) The Chinese government will stick to and carry out the innovative, coordinated, green, open and sharing concepts of development, be committed to maintaining economic growth at a medium to high rate and promote the upgrading of industry towards the middle and high end. Innovation will play a leading role to inject tremendous vigour into development, new-type urbanization and agricultural modernization will be promoted and coordinated development of urban and rural areas facilitated, the green production and low-carbon lifestyle will be nurtured, reform will be deepened, and a new system of open economy will be built.
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Keywords
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Secretariat TPR |
WT/TPR/S/342/REV.1 |
S-Summary§13 |
China |
2016 |
Trade Policy Framework |
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Relevant information
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The Investment Catalogue, which is revised periodically, remains the main instrument used to guide FDI in China. (...) The 2015 revision of the Catalogue encourages FDI in technology, advanced manufacturing, energy conservation and environmental protection, new power sources, and service industries. (...)
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Keywords
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Energy
Conservation
Environment
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Secretariat TPR |
WT/TPR/S/342/REV.1 |
S-Summary§14 |
China |
2016 |
Trade Policy Framework |
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Relevant information
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During the period under review, China has continued encouraging FDI as well as joint ventures between Chinese and foreign companies, particularly in areas in which it has a strategic interest. FDI has been encouraged in areas such as high-end manufacturing, high-tech industries, service industries, new energy, and energy-saving environmental protection industries. (...) FDI involving investments in Chinese domestic enterprises might be subject to national security reviews if the project is related to defence, or is deemed to have an influence on national security. Foreign-invested projects (FIPs) in China are subject to verification (approval) or to record-filing. Projects subject to verification are listed in a specific Catalogue, while most projects not included in it are subject to record-filing. Verification requires the examination of the investment project, and a number of conditions need to be met. Record-filing is a simplified process and is generally used in FIP applications not deemed to have a negative impact on national security, the environment or public interest.
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Keywords
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Energy
Environment
Conservation
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