What Will China's Entry into WTO Bring to Printing Enterprises?

After marathon negotiations, the door of the World Trade Organization is about to open to us. As one of the three pillars of the world economy, the World Trade Organization (WTO), which is known as the fairy tale world, can bring anything to printing companies?
Reduced import costs After joining the WTO, import tariffs will be greatly reduced. At present, most of the double-sided adhesive-coated papers and high-speed multi-color machines for printing businesses are mostly imported. The localization of pre-press systems is also very low. Apple computers are even more authentic American goods, and the reduction in tariffs will undoubtedly reduce costs. At the same time, the import costs of printed materials and accessories will also be reduced.
The printing market will expand and some experts predict that joining the WTO will increase the Chinese economy by two percentage points. Calculated at a GDP of US$110 billion, goods and services that will increase by US$22 billion will require packaging and printing. Moreover, the increase in exports brought by the accession to the WTO will also provide printing companies with more room for development.
After the accession to the WTO, if the rapid development of wireless communications and network technology has transformed the world into a global village, then the WTO will enable this global village to become a bazaar. Only those companies that dare to go to the market and have the courage to compete can gain more opportunities for development. Looking into the 21st century, printing companies will go online and globalize. This is mainly reflected in the networking and globalization of the printing business. Today, the U.S. era has been transmitted via satellite transmission and printed in Singapore. At the same time, the development of the information industry and capital expansion will inevitably push printing companies to become more collectivized. Through the reorganization of assets, a group of powerful printing groups will surely be formed, and the printing industry will also have its own brand-name enterprises. According to some sources, the government will make major reforms to most of China’s newspaper companies, gradually transforming them from institutions to corporate units, and forming a group of newspaper groups. Undoubtedly, these newspaper groups with strong sauce will first become aviation carriers in the printing industry. With the return of Hong Kong and Macao, the pace of economic integration between Hong Kong and Macao after China's accession to the WTO will surely accelerate. By then, the publishing and printing industry base centered on Beijing and the packaging and printing industry base centered on the Pearl River Delta are expected to form.
Exports of printed materials will increase rapidly into the WTO, and China will enjoy the rights of its member states and the preferential treatment of developing countries by virtue of its permanent MFN status. This will enable China's print products to have a strong competitive advantage in the international market. After more than ten years of development, China's Baoyi has changed the situation of the original first-class products and second-rate packaging. Printing in the developed coastal regions has reached an international advanced level. The current power of import and export of books is concentrated in a central bank of China Book Import and Export Corporation. Other publishers and publishers do not have this right, which is unfavorable for Chinese books to go to the world. It is estimated that after the WTO accession, more publishers and publishers will have the right to import and export books.
The output of printing talents will increase. Not too long ago, I had several friends in the printing industry who were recruited to work in Singapore through an international technology cooperation company. They came back to say that Singapore, Hong Kong and other places have great demand for printing technology managers. Moreover, Hong Kong does not set up a higher education institution for printing majors, and the printing students in the Mainland are very popular there. With the opening of the WTO's door to China, and the export of labor services in the form of foreign trade, it will surely gain rapid development.
It is true that when the WTO accession brings opportunities for printing companies, it will also be like a double pill, which will bring more fierce competition to the printing industry, such as the influx of foreign printing machinery and materials, and the landing of a large number of foreign printing companies. However, China's printing industry is a completely liberalized industry. After China's accession to the WTO, China's printing companies will be able to leap into the sea and fly high on the sky.

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