The showing of sophisticated modern weapons during the fiftieth anniversary of the Chinese Communist Party heralded China's emergence as a great power in the arena of politics. At the same time, China was finally admitted to the World Trade Organization after thirteen years' negotiation. With its two-digit GNP annual growth rate, China seemed poised to become the second-largest economy in the world. Many analysts argue that China will play an increasingly important role in the future, whether in politics or economics. China Review 2000 features a review of overall changes in the political, economic, social and business environments during the past twenty years of reform, along with perspectives on major issues confronting the People's Republic in the new millennium.
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