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On January 1, China reduced import tariffs from an
average 15.3 percent to 12 percent.
Of over 5,000 varieties of products imported into China,
automobiles are the most sought after.
The import tariff on automobiles with a discharge volume
below three liters fell from 70 percent to 43.8 percent,
making possible the dream of many would-be car owners.
The hot weather and the football World Cup failed to
deter more than 400,000 people from going to an international
auto exhibition in Beijing in June.
Car sales in China hit a record high every month and
over 65 percent are sold to private buyers.
The Chinese people have found more imported products
in their lives. Fancy limousines, Indonesian fruits,
French perfumes and Italian shoes are now sold at lower
prices than before.
Not only goods, but services provided by overseas firms
are adding color to everyday life. After WTO entry,
foreign-funded banks and insurance companies began to
swarm into the country. Beijing people have been enjoying
financial services offered by overseas firms. In future,
the Chinese will have more choice in tourism, air transport,
legal services and advertising.
The Chinese know they are more closely linked to the
global economy. Families with cars show concern about
crises in the Middle East which affect gasoline prices
here.
WTO accession requires changes in governmental operations,
which means more efficient work up to international
standards by civil servants. The year saw thousands
of laws and regulations amended and tens of thousands
of officials receiving WTO-related training.
"Now it's much faster to get a restaurant license
from the government," said a man surnamed Zhang
in Shanghai. The improvement in governmental work benefits
both foreign business people and common Chinese.
People of all ages are learning foreign languages.
Statistics show at least 300,000 Chinese attended all
types of foreign language courses in Beijing this year,
each spending about 1,000 yuan (120 US dollars).
More college graduates now prefer to work in foreign-funded
companies or domestic private sectors. Traditionally
government organisations and state-owned enterprises
were the first choices of most job seekers.
The Chinese this year felt more pressure than before,
not only because overseas products and services brought
challenges to local companies, but some Chinese exports
with comparative advantages were frequently blocked
by quarantine standards, safeguard measures and anti-dumping
investigations. International trade disputes involving
China's steel products, cigarette lighters and vegetables
were often headlines in Chinese newspapers.
Yet the Chinese still see stability among the changes.
Not a single industry has been ruined by international
competition, nor have the prices of any imports rocketed.
"Everything looks the same, but everything is
changing," said a student at Beijing University.
"This reflects China's implementation of WTO promises
as well as its gradual opening-up policy."
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