金融经济外文文献翻译.doc

郑州大学商学院金融外文文献翻译 题 目： WTO and Capital Peking’s Economy 指导教师： 职称： 学生姓名： 学号： 专 业： 院（系）： 完成时间： WTO and Capital Peking’s Economy J effrey J . McMillan ABSTRACT China’s 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 China’s 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 capital 　　China’s accession to the WTO means that our country will integrate and participate in the course of the economic 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 international 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, stronger 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 correctly 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 China’s accession to the WTO and reduce the shocks and pulse, hence facilitating the promotion of