本文分析大陸外資政策的演變、大陸外資政策與WTO中與貿易有 關之投資措施協定（TRIMs）和服務貿易總協定（GATS）之牴觸，加 入 WTO 對大陸外資政策與台商投資環境的影響。 本研究發現大陸加入WTO後將加快開放能源、交通、通訊、環保 等領域，同時進一步開放金融、保險、旅遊、商貿等服務市場。為了 抵消貿易自由化對產業的衝擊、促進產業升級，大陸將繼續採取「以 市場換取技術」政策，逐漸將過去以「地區優惠」為主的政策，轉變 為對選定的「策略性產業」提供優惠，運用產業政策手段，鼓勵外商 設立研究發展中心或投資於資本和技術密集型產業。同時，大陸更鼓 勵外商以參股、租賃、出售、合作經營在內的各種適當方式，參與國 有企業的改組改造。 對台商而言，大陸加入WTO後將減少經營環境的不確定性，並增 加可以獲得的行銷通路，台商也將尋求對大陸運輸、批發、零售、旅 遊、房地產、金融、資訊、會計、法律、電信和網路等行業的投資。 但另一方面，對原本在大陸市場從事石化、資訊科技產品、汽車零件 生產內銷的台商而言，由於面對競爭增加，缺乏價格和質量優勢的產 品將在進口競爭下逐步被淘汰。

This article analyze the evolutions of China's foreign direct investment（FDI）policies, the policies that contravene the Agreement on Trade-Related Investment Measures (TRIMs) and General Agreement on Trade in Services (GATS), and the impact of China's Accession to WTO on China's FDI Policy and Taiwanese businesses. This article find the accession to WTO will speed its opening process in such areas as energy, transportation, telecommunications and environmental protection. At the same time, China's doors will open wider to foreign investment in service sectors ranging from banking, insurance, to tourism, commerce and trade. In order to offset the negative impact of trade liberalisation on these industries and promote industrial upgrading, China will continue its policy of "market in exchange for technology". China will gradually shift to a policy of preferential treatment to selected strategic industries rather than selected regions, take the initiative to adjust the industrial policies to support its capital-and technologyintensive industries, welcome foreign companies to set up R&D centres or invest in new- and high-technology, and the foreign investors will be encouraged to participate in China's SOE reform and reorganisation in the form of equity holding, leasing, acquisition, and joint operation. For Taiwanese businesses, China's accession to WTO will reduce uncertainties in the business environment and increase the marketing and distribution channels available, Taiwanese businesses will begin investing in transport, storage, distribution, travel, real estate, finance, information, accounting, legal, telecommunication and network services. This trend will produce cross-strait strategic alliances in the service sectors. However the producers of petrochemicals, IT technology products, and auto parts will face global competitors in the mainland market. If the products of Taiwanese businesses lack an inherent price, quality or quantity advantage, will lose the ability to compete in China market. The rapid development of the mainland's information technology is also likely to encourage Taiwan producers of information electronics to increase their investment activity across the strait, reducing the technology gap between the two sides. Hence Taiwanese businesses shall assess whether or not the products are able to compete internationally in terms of function, price and service , strengthen the design capability, production and sales operations and take cooperative strategies to expand China market channels through collaboration, joint ventures, mergers, acquisitions, and strategic alliances, cooperation with state-run wholesalers or foreign enterprises.