编辑: 颜大大i2 2014-06-07

s WTO compliance suggests. those trading partners do not always feel like winners. During its

1420 relatively brief membership , the world'

s second-largest economy has responded to

22 complaints-more than the next three put together. C The WTO Secretari时'

s China Trade Policy Review

2010 had the following summary. At a time of heightened trade tensions around the world as governments manage the economic consequences of last year 气global recession and

12 percent drop in world trade flows , this Trade Policy Review (TPR) of China has highlighted the valuable role that the WTO'

s TPR Mechanism plays by increasing transparency , encouraging consultation and cooperation among WTO Members , and helping to avoid misunderstandings and , ultimately , trade disputes when trade frictions arise. A well-functioning multilateral trading system has contributed considerably to China'

s sustainable economic growth and development. The global recession had a substantial adverse impact on China'

s economy as external demand fell sharply from the end of 2008. The Government'

s response of expansionary fiscal and monetary policies , including a $

4 trillion (13% of

2008 GDP) stimulus package , helped China'

s economic growth to rebound in

2009 and made an important contribution to global recovery elsewhere , particularly in the Asia region. D The global economic crisis has reinforced China'

s determination to transform its pattern of economic development , including through structural diversification , improving the functioning of the domestic capital market and strengthening social safety nets for the population. Looking ahead , as the Government pursues policies to increase the role of domestic demand in underwriting China'

s growth and to encourage the expansion of the services sector , further liberalization of the trade and investment regimes is called for to foster competition and achieve more efficient allocation of resources in the economy. There was widespread recognition of China'

s constructive role in resisting protectionist pressures and boosting global demand during the recent economic downturn , appreciation for China'

s stepped-up involvement in South-South trade and its duty-free scheme for imports from least-developed countries , and acknowledgment that China has continued the gradual liberalization of its trade and investment regimes , although several members felt that this had slowed down compared to its pace in earlier years. Now match the statements (1 -7) to the leUer (A , ? , C or D). 1. The accession to WTO helps China to make its commercial law more internationally viable. 2. The global economic crisis has made China'

s determination to transform its pattern of economic development even stronger. 3. China has made efforts to adjust its foreign exchange rate but the western countries are still not satisfied.

1421 4. As part of the stimulus package , Chinese government made the

4 trillion RMB investment decision towards the end of 2008. 5. It is widely recognized that China has enhanced its involvement in South-South trade and imported more goods from least-developed countries duty-free. 6. WTO'

s Trade Policy Review Mechanism plays a positive role in increasing transparency , encouraging consultation and cooperation among WTO Members. 7. China'

s entry to the WTO enabled European and American consumers to enjoy inexpensive Chinese goods , but their companies are meeting with more severe competition. Part Two Questions 8-14. (21 points) Read the following passage and choose the best sentence (A-G) to fill each of the gaps. (3 points each) What

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