综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Increased US imports seen on the horizon

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

Trade experts expect China to allow in more imports from the United States to address the growing trade imbalance between the two countries.

Experts said they expected technology imports to receive particular attention.

The trade volume between China and the United States hit $262.7 billion last year. However, far from cheering the record-setting figure, trade officials from both sides have expressed concern over the size of the yawning gap.

The United States topped both the European Union and Hong Kong last year to become the source of China's largest trade surplus. There is some disagreement about the size of the gap between the two countries. Chinese customs officials said it amounted to $144.27 billion last year, while US customs said $230 billion.

To reduce the size of the gap, Chinese government officials have been calling for more imports, particularly from major surplus sources like the United States.

The commerce ministry hinted earlier this year that China may lower import tariffs or remove some import restrictions to support imports.

According to the ministry's spokesperson, China will focus on imports of key equipment, advanced technology and resources.

Technology and equipment imports from the United States are expected to account for most of the increase.

Mei Xinyu, a researcher at the commerce ministry's research institute, said China needed machinery and electronic equipment from the US.

He added that it was up to the US government to ease restrictions on exports of such goods to China.

Although US companies make technology and equipment that China needs, US technology exports to China have lagged behind those from the European Union in the past couple of years because of restrictions on over 2,000 categories of goods that can be shipped here.

In the most recent talks between China and the US on this issue, Chinese officials recommended that the US drop one third to a half of its restrictions, which they said were totally "out of date".

Zhao Yumin, another expert at the commerce ministry's research institute, said China would eventually need to import more agricultural products from the US because Chinese farmers face increasing production costs.

Imports in other sectors are expected to increase, as well. The China chamber of commerce of metal, minerals and chemical importers and exporters will "make every effort" to increase imports from the United States, Chairman Chen Haoran said.

He added that China already runs a trade deficit in this area.

"We will consider buying made-in-the-US products first if they are priced at the same level as goods from other countries," he said.

The trade gap between China and the United States has resulted not only in a growing number of trade disputes, but also calls for China to revaluate the renminbi and threats of retaliatory tariffs on imports from China.

The US has urged China to increase domestic demand for imports, though Mei said China's trade surplus with the US is the result of high spending and low saving in the US.

He also warned that policies aimed at restricting Chinese exports would have little impact on the growth of the trade surplus in the short term.

"The short-term results of such policies sometimes conflict with the medium- and long-term expectations," he said.

For example, the tax rebate reduction announced last September pushed China's monthly trade surplus to a record high in October and November as exporters tried to take advantage of the better rates.

(China Daily 02/13/2007 page3)



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
城步| 临漳县| 东安县| 合山市| 益阳市| 泰兴市| 得荣县| 呈贡县| 含山县| 富川| 杭州市| 宜兴市| 浏阳市| 云阳县| 应城市| 高淳县| 神池县| 临洮县| 北辰区| 乐陵市| 永德县| 勐海县| 若羌县| 申扎县| 浠水县| 新巴尔虎左旗| 威信县| 汉源县| 淳安县| 泗水县| 馆陶县| 栾川县| 抚顺市| 南乐县| 鄂伦春自治旗| 沾益县| 临湘市| 慈溪市| 岑巩县| 桂平市| 沙湾县|