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Foreign Trade Law shall be regulated that depends on situations of her economic development and relations between other countries. In 1994, for the first time China have legislated the Foreign Trade Law to expanding the opening to the outside world, developing foreign trade, maintaining foreign trade order, protecting the legitimate rights and interests of foreign trade dealers and promoting the sound development of the socialist market economy.
But after China have regulated the Foreign Trade Law, in 2004, China has changed very much of economic and political situations and even upon the Protocol on the Accession of the People's Republic of China No.5, China shall progressively liberalize the availability and scope of the right to trade within three years after the Word Trade Organization accession.
So China' Foreign Trade Law has been revised and adopted by the 8th Session of the Standing Committee of the 10th National People's Congress of the People's Republic of China. Generally speaking, Revised Foreign Trade Law is very opened and less loosened former Trade Law. And this time the Law has adopted offensively rules and developed systematic and clearness with rules.

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