China has made great achievements in the construction of a market economic legal system since its accession to WTO: it has established a scientific enterprise legal system and a unified tax system applicable to both Chinese and foreign enterprises, systematically improved the IPR legal protection system, consolidated the separated financial regulatory system and, in the process of further improving the competition legislation and the foreign trade legislation, gradually developed an omni-bearing, wide-ranging, and multi-level opening-up pattern. In the future, construction of the market economic legal system, China needs to pay attention to four transformations and further strengthen the communication, exchange and cooperation with other WTO members. <<