China will eliminate quotas immediately upon accession. American High-Technology Companies Obtain Trading and Distribution Rights for the First Time. China has committed to allow any entity to import most products, including high-technology products, into any part of the country, and will allow U.S. firms to establish, own and operate distribution services within three years of accession. This will allow our businesses to export to China, and to have their own distribution network in China, rather than being forced to set up factories there to sell products through Chinese partners. China Will Allow Foreign Investment in All Telecommunications Services for the First Time.
China now prohibits foreign investment in telecommunications.
Geographic restrictions will be eliminated for paging and value added services two years after accession, for mobile voice and data services in five years, and for domestic and international services in six years. Will Adopt WTO Norms for Telecommunications Regulation. China has agreed to implement the pro-competitive regulatory principles embodied in the WTO Basic Telecommunications Agreement. The TRIP s agreement is the best vehicle to combat piracy of U.S. software and create a healthy environment for the development of China s software industry. Under the TRIPs agreement, the U.S. software industry will be better able to enforce its intellectual property rights in Chinese courts and administrative tribunals.