Zhejiang companies getting a bigger market share

The opportunities that China's membership in the WTO brought did not fall just on the big state enterprises but to lesser known ones as well, for example, Geely Motor Corp in Zhejiang province, which is a perfect example of the challenges and advantages the move brought.

Zhejiang's auto industry was never one of its strong points and when China joined the WTO in 2001, the entire province had only 36,150 vehicles, or about 1.5 percent of the country's total.

In fact, Geely only began making cars in 1997, and was disadvantaged in many ways, including production capacity and brand image.