国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Trade surplus rises despite effort

By Jiang Wei (China Daily)
Updated: 2007-02-13 06:52

The trade surplus hit $15.88 billion in January, piling pressure on the government which has made it a priority this year to reduce the imbalance.

The figure was a 65 percent rise year-on-year, although it dropped markedly from $21 billion in December, according to the General Administration of Customs.

Officials attributed the year-on-year increase to seasonal factors and because Spring Festival, which sees considerably less trading businesses, was in January last year.

Related readings:
Increased US imports seen on the horizon
Trade experts expect China to allow in more imports from the United States to address the growing trade imbalance between the two countries.
Foreign trade: China posts $15.9 billion trade surplus
China posts record trade surplus
Trade surplus of US$15.5b seen
Concerted move to reduce trade surplus
Economist says good reasons to cut trade surplus
Yuan's rise no quick fix for trade surplus
Commerce Minister: Huge trade surplus to be reduced

The government has taken a series of measures to stop the surplus from widening. It has not only prohibited processing trade and scrapped export tax rebates in some high-pollution and energy consuming sectors, but also provided tax rebates to imports of parts and materials for key equipment.

The impact of these measures is expected to gradually materialize this year.

The increasing surplus has resulted in a testy relationship with some key trading partners such as the United States and the EU.

Washington has filed a complaint to the World Trade Organization claiming that the Chinese government grants industrial subsidies to exporters.

"I don't think the surplus will sharply decline this year, say by 50 percent," said Mei Xinyu, a trade expert at the Chinese Academy of International Trade and Economic Cooperation.

But that does not mean China's attempts to cut the surplus are futile.

"The surplus would have been even bigger without these efforts," he said.

He added that some local governments still regard export growth and foreign investment inflows as major criteria to measure achievements, which counteract the policies of the central government.

Total trade volume reached $157.36 billion last month, up 30.5 percent year-on-year. Imports rose 27.5 percent to $70.74 billion, and exports increased 33 percent to $86.62 billion.

The European Union, the United States and Japan remain the top three trade partners of the country while India surpassed Canada to become the 10th biggest.

Processing trade increased 25.7 percent year-on-year to $70.7 billion while general trade increased 33.2 percent to $71.12 billion.

(China Daily 02/13/2007 page1)



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
玉龙| 郴州市| 龙南县| 晋江市| 桦甸市| 台湾省| 明星| 德昌县| 福州市| 南宫市| 册亨县| 玉环县| 甘谷县| 桂东县| 星座| 阳江市| 富阳市| 陕西省| 遂川县| 房山区| 民权县| 藁城市| 镇平县| 香港 | 鄂伦春自治旗| 牙克石市| 永仁县| 确山县| 伊宁县| 连城县| 双流县| 土默特右旗| 永胜县| 抚顺县| 武平县| 会理县| 手机| 朝阳县| 安溪县| 孝感市| 沙坪坝区|