Abstract:

 CETA, as the first comprehensive FTA of Europe which embraces the investment chapter, was concluded after a lengthy ten years of negotiations, and came into an interim stage of entry into force on September 21, 2017. CETA covers dozens of hot issues of intellectual property, government procurement, cooperative supervision, financial services, environment, labor, trade and investment liberalization and facilitation and so on. It has the following characteristics: implementing the “singletrack system”certification method of origin and “PANEURO” rules of origin, introducing the TRIPsplus standards,improving the protection level of intellectual property,refining the standard of labor turnover and reforming the traditional investment dispute settlement system such as designing the investment court systems and further expanding the government procurement scope. Furthermore, it creatively put forward a series of new high standards of international trade and investment rules such as ICS and special protection term of patent, thus exerting great and farreaching influence on both contracting parties and international finance and trade.In contrast, the texts of bilateral FTA signed by China with other countries are relatively general and indistinct, especially in following aspects:the protection of geographical indications is not detailed enough; the classification of crossborder movements of natural persons is not scientific or reasonable, nor welltargeted, and the government procurement system calls for perfection. Therefore, it is necessary to reference the useful experience and rational elements of CETA in the following areas:reforming China’s rules of origin, expanding the proportion of enterprises' independent declarations of origin, enhancing both trade facilitation and the protection of origin, implementing special protection of geographical indications, adopting a stepbystep government procurement, adopting a market access system with different leniency and strictness in accordance with subareas and different subjects, promoting an indepth reform of the government procurement market, strengthening the connection with international high standards, establishing the ICS and so on. Considering China’s national conditions and practical needs, it is essential to construct a grand, coordinated and comprehensive “five in one” system of strategic objectives by implementing the FTA strategy on the mutually promoting international, regional, interregional, bilateral and domestic levels,so as to effectively respond to the challenges from the escalating ChinaUS trade war.

Key words: geographical indications, bilateral FTA, FTA strategy, CETA