It's really just a free-trade zone, "says Lin Chu-chia, a professor in the Department of Economics at National Chengchi University. He explains that when China and Taiwan acceded to the World Trade Organization (WTO) in 2001, they promised to reduce tariffs and open their markets over the course of five to 20 years.
CEPA 其實就是自由貿易協定（FTA），」政大經濟系教授林祖嘉分析，2001 年中國與台灣同年加入 WTO 後，即承諾要在 5-20 年內逐步降低關稅，開放市場。