亚洲色怡人综合网站,国产性夜夜春夜夜爽,久久97AV综合,国产色视频一区二区三区

USEUROPEAFRICAASIA 中文雙語Fran?ais
Opinion
Home / Opinion / From the Press

China has never sought trade surplus with US

Xinhua | Updated: 2017-04-14 09:56

China has never sought a trade surplus with the United States, a Chinese commerce official said on Thursday, as the world's two largest economies work to ease tension and develop rapport.

Sun Jiwen of the Ministry of Commerce told a press conference that, "China is willing to expand imports from the United States based on domestic demand."

Sun attributed the current trade surplus to differences in economic structure, industrial competitiveness and international division of labor.

The imbalance is easing as middle-income Chinese generate huge demand for imported products, a trend already shown in both US and Chinese official data.

The US trade deficit with China dropped 5.5 percent to around 347 billion US dollars in 2016, according to the US Department of Commerce. In February, the monthly figure declined 26 percent. Statistics from Chinese customs confirm the changes.

Sun hoped the United States would adjust its exports controls to create conditions to dissolve the deficit.

Although the surplus is registered in China's balance of trade, bilateral trade generates mutual benefits, he said. Analysts estimate that about 40 percent of the trade surplus is generated by US companies in China.

China has become the largest trade partner of the United States, while the latter is China's second largest. Bilateral trade stood at 520 billion US dollars in 2016, more that 200 times the level in 1979 when the countries established diplomatic ties.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US