毕业论文外文翻译-WTO与首都北京经济.doc
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1、WTO and Capital Pekings EconomyJ effrey J . McMillanABSTRACTChinas accession to the WTO is an important event of our economic life in the course of reforms and opening. Therefore, Peking Municipal Government has established a special research team, which is designated to the study on the subject of
2、Chinas accession to the WTO and its impacts on the economic development of the capital. Here are only some views on the primary results of the research.I. Impacts on the economy of the capitalChinas accession to the WTO means that our country will integrate and participate in the course of the econo
3、mic globalization with an unprecedented extent and depth, and Peking will be in a brand new environment of development. The requirements of the market system reflected by the free trade principles and rules advocated by the WTO and the industrial orientation implied in the furtherance of the new int
4、ernational division of labor are consistent with the general direction of the economic development of the capital. In front of the wider opening of the market system, Peking, a city as the center for international communication, is endowed with resources of advanced technology and education, stronge
5、r comprehensive economic power and a fully established foreign-oriented pattern of multiple levels involved in wide fields, and thus Peking is in a more favorable competitive position as compared with other areas possibly with some relative advantages in international competition. Therefore, with co
6、rrectly determined development strategy and tactics and initiatives in making full use of advantages and avoiding disadvantages, Peking may maximally share the benefits and opportunities brought forth by Chinas accession to the WTO and reduce the shocks and pulse, hence facilitating the promotion of
7、 the economic development of the capital. II. Basic principles to be observed in developing the economy of the capital upon Chinas accession to the WTOUpon Chinas accession to the WTO, the economic development of the capital shall abide by the principles of comparative advantages and stick to the pr
8、inciples of reforms and innovation and the principles of the balance of focus on both domestic and foreign opening, thus pushing the economic growth and increasingly expanding the three demands for investment, consumption and import and export. In view of investment, it is initially estimated that f
9、or the first years upon Chinas accession to the WTO, the domestic investment growth will be impacted by about 1-2%, the growth of the utilization of foreign investment will be impacted by 8-10%, and calculated on the basis of the current investment composition, total investment of fixed assets will
10、witness a growth of 2-3.5%. Based on the elasticity of fixed asset against GDP from 1982 through 1998, the growth of GDP will be promoted by 1.5-2.5%. In view of consumption, during the initial period, Chinas accession to the WTO will promote the growth rate of total residential consumption by 1-1.5
11、%, and the growth rate of the ultimate total annual consumption will be promoted by about 0.6%, which means that upon complete realization of the agreement commitments, Chinas accession to the WTO will promote the growth of total residential consumption by 5-6% in Peking, with the growth of the ulti
12、mate total annual consumption promoted by about 4%, thus bringing forth the growth of GDP by 2-2.5%. In view of import and export, the export of the traditional advantageous products of Peking Municipality will witness more growth, especially that of light textile products and mechanic-electrical pr
13、oducts. Upon Chinas accession to the WTO, the demands for import of the whole municipality witnesses obvious increase at the growth rate over that of export, and the situation of more import than export may not change. In view of employment, general trend is that the sustained economic growth will b
14、ring forth the increase of total employment, and the situation of more supply of labor than demand may be alleviated. Especially, the total introduction of foreign investment by Peking will witness more growth, and the development of tertiary industry will be accelerated, which may create new jobs t
15、hough the pressure of employment is still big in a short term. With the accession to the WTO,the economic development of the capital is sure to face a issue of optimization and upgrading of industrial composition. According to our analysis, the industries with more development opportunities of the c
16、apital mainly include agriculture, hi-tech, foods industry, light industry, tourism, scientific, educational, cultural and health causes, information consulting industry, and exhibition industry. The industries with more challenges of the capital include electronic and communication equipment manufa
17、cturing industry, petrochemical industry, auto industry, machinery industry, metallurgical industry, building material industry, financial and insurance industry, commercial and beverage industry, transportation and post industry. Accordingly, we will carry out adjustment of industrial composition b
18、ased on the above-mentioned analysis. III. Impacts on foreign economy and trade of the capitalAt present, there exists obvious gaps between the foreign trade management system of our country and the requirements of the WTO, which are embodied as follows: (1)Incomplete system of laws and regulations;
19、 (2)High import tariffs;(3)Numerous onus administrative measures of import and export: currently, 35 varieties of import commodities and 59 varieties of export commodities adopt licensing administration, most of which are not permitted for imposition of import and export restrictions by the WTO;(4)F
20、ailure to fully implement non-discriminatory principles, such as not adopting national treatment with foreign investment enterprises;(5)Insufficient transparency in foreign economic and trade policies.(6)The resources control and environment pressurePeking belongs to serious water shortage region, p
21、erson all the water resources shortage 300 sign a square rice, only occupy quantity for the national person of 1/8, person in world all occupies quantity of 1/30, the water resources supply and demand antinomys turning worse continuously will be the suburban area economy to develop main check and su
22、pervision factor;Resources quantity in land is limited, spare resources shortage, the agriculture uses ground to reduce gradually;The village labor force character is hard to satisfy the objective demand that the economy develops quickly.In the meantime, the suburban area is the ecosystem natural co
23、ver of the capital city, the ecosystem environment foundation still weaker, constuct and protect ecosystem environment and carry out and can keep on a development to face huge mission of in the economy the development the process. Face new situation, the suburban area economy the development still e
24、xists some antinomies and problem, main performance at:The economic total amount and structure and capital city position,economy movement mechanism and market economy request,the industrialization level and modernization strategy,small town the development and construction internationalize the metro
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