IT makes all the difference

WTO membership helps domestic vendors move up the value chain

Since China joined the World Trade Organization (WTO) a decade ago, a large number of international companies across a range of industries have come to the country to cash in on its huge market. Various goods, business models, and management experiences have been introduced in the local market since 2001. The changes have affected China's business environment greatly and enhanced customer satisfaction.

Different kinds of advanced and practical business IT (information technology) systems and applications, mainly those that were either new to local companies or rarely used by them, have also made an appearance in the country during the first decade of WTO membership.