IDEAS home Printed from https://ideas.repec.org/p/esc/wpaper/506.html
   My bibliography  Save this paper

An Evaluation of the Need and Cost of Selected Trade Facilitation Measures in China: Implications for the WTO Negotiations on Trade Facilitation

Author

Listed:
  • Wenjing Chen, Li Wei

    () (Chinese Academy of International Trade and Economic Cooperation)

Abstract

In 2004, China became the third largest trading economy in the world. Although official overall average import tariff rate was reduced to 9.9% as of January 2005, actual tariff rates are likely much lower. Although further tariff reductions may lead to renewed and expanded global trade growth, trade facilitation will play an increasingly important role in promoting global trade. Costs associated with implementation of trade facilitation measures may be classified into four categories: new regulations, institutional changes, training, and equipment and infrastructure. The study was generally not able to determine costs of specific trade facilitation measures in China. However, Customs and the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) are the two government departments that are most deeply involved in trade facilitation, and a review of their expenditures in this field provides useful information on equipment/infrastructure costs that may be associated with implementing modern trade facilitation systems.

Suggested Citation

  • Wenjing Chen, Li Wei, 2006. "An Evaluation of the Need and Cost of Selected Trade Facilitation Measures in China: Implications for the WTO Negotiations on Trade Facilitation," Working Papers 506, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
  • Handle: RePEc:esc:wpaper:506
    as

    Download full text from publisher

    File URL: http://www.unescap.org/tid/artnet/pub/wp506.pdf
    Download Restriction: no

    More about this item

    Keywords

    GATT; WTO; Trade Facilitation; China;

    JEL classification:

    • F1 - International Economics - - Trade

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:esc:wpaper:506. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Yann Duval). General contact details of provider: http://www.unescap.org/tid/artnet/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.