WTO-plus commitments and emerging implications for China's large civil aircraft manufacturing

Abstract

AbstractChina's accession to the WTO in 2001 is widely accepted as a landmark event for the multilateral trade system and for the country. The large-scale WTO-plus commitments have nevertheless received unceasing criticism and discussion. This article is concerned with the resulting policy implications for the Chinese initiative to become a global producer of large civil aircraft at the next stage of development. A real-life case study is expected to provide robust evidence for inquiring whether China and emerging economies alike can smoothly advance up the global value chain while honouring their WTO obligations in good faith. The article confirms the widespread opinion that there are vast legal uncertainties ahead for China throughout this journey, and for that reason, a rigorous market-orientation effort is needed to strengthen its ability to compete in the commercial aviation sector.