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WTS Photonics Co., Ltd is a fully integrated optical manufacturing center, capable of fabricating spherical, flat and optical coating.

What opportunities and challenges will WTO bring to the Chinese optical industry?

China's membership of WTO is a great event for the development of the Chinese optical industry. The overall situation is that the market will become more open and the competition more fierce. However, opportunities and challenges coexist. Firstly, Chinese enterprise will have a stable, equal and open opportunity for entry into the international market. Secondly, it will be more convenient for attracting foreign capital and technology, resulting in speedy upgrade of the industry. Thirdly, the transfer of assets will be accelerated continuously, providing development opportunities for the Chinese optical industry.
After China's admission into the WTO, the market competition will be internationalized. Firstly, foreign and Chinese enterprises will enjoy equal competition status. Secondly, the protection duties will be limited, making the China market more open.
 

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