ABSTRACT

Jiang-Nan Zhai & Wei-Biao Zeng Hunan Radio & Television University, Changsha, China

ABSTRACT: The integration of foreign and domestic trade is a basic national policy of China as well as a commitment towards WTO. The integration process is slow though it began ten years ago. The main problem is that it’s hard to unify the operation mode of the enterprises dealing in foreign trade and domestic trade, to dock the trade and to transfer the market. We should take the adoption, digestion and transplant of the trade terms as a breakthrough, and exert price mechanism to mobilize the initiative of the enterprises dealing in domestic trade, and create opportunity for those dealing in foreign trade to exploit domestic market.