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China & WTO: Fourteen Top Growth Areas
After 15 years of hard negotiations, China won admission to the World Trade Organization (WTO) last month. (Taiwan was admitted to the WTO the day afterwards.) As a result, the nation is expected to be strongly impacted in diverse industry sectors.
Here's where the Shanghai Municipal Government has forecasted the highest demand for services as a result of the WTO decision.
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Professional services such as legal services, accounting,
auditing, taxation, financial management, medical services, technical testing and analysis, technological consulting, translation and educational services.
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Computer & computer-related services, including computer and
information technology, system analysis, programming, system
maintenance, data processing, etc.
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Advertising
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Off-shore oil (drilling) service, including oil drilling technical
consulting, geological and geophysical and other exploratory consulting, etc.
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Inland oil services: Construction and related engineering services
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Construction
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Real estate services: Ownership and rental services, contractual
services.
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Urban planning
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Banking: Non-residents' foreign currency savings, foreign
exchange loans, guarantees, financial consulting, financial date management and transmission, etc.
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Insurance
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Tourism
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Ocean transportation: Shipping and related services.
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Shipping
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Inland transportation
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