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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on the Reform of Multilateral Trade System and its Countermeasures From the Perspective of Regulatory Economics

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DOI: 10.25236/edssr.2020.124


Jin Yu

Corresponding Author

Jin Yu


At present, the research on the world trade system is mainly based on the perspective of international law. As one of the three directions of international trade research, the international trade system should be consistent with the traditional research framework of international economics. At the end of the 19th century, the economic research paradigm of the multilateral trade system was put forward, which made the research of the world trade system return to the framework of international economic research and realized the integration of the original economics and international law. Based on the above understanding of the theory and practice of the multilateral trading system, I believe that with the basic end of China's transformation, China should have the right to participate in the development of the multilateral trading system. Our own position and action must, on the premise of safeguarding China's sovereignty and national interests, further open up the market, promote reform, actively promote the reform and development of the multilateral trading system, enjoy the results of multilateral trade liberalization, put forward relevant countermeasures, promote economic cooperation for development and three aspects of domestic trade reform.


Regulatory Economic Perspective, Multilateral Trading System, Countermeasures