In the early March, the trade deficit has now imported faster than exports

The reason is that import domestic demand is strong, international commodity prices rise, make the total price of imports rapid growth-our correspondent Fu Suling trainee reporter Pan March 22, Premier Wen Jiabao met with the foreign main representative of the 2010 meeting of China Development Forum, said China never pursues a trade surplus, on the contrary, we must find ways to expand imports To maintain the balance of payments is the basis of our long-term efforts in the direction.　　Last year, China's economic growth was largely dependent on domestic demand, and its trade surplus was gradually reduced, with a deficit in early March this year. "From last October to this March, China from the trade surplus of about 20 billion U.S. dollars to this March trade deficit of more than 8 billion U.S. dollars, to tell the truth, to see this situation, my heart is secretly happy, this is true words."　　"Wen said. Echoing this, Commerce Minister Chen Deming said 21st, "This January-February, China's trade surplus fell by 50%, I personally expect this March China's trade may even have a deficit." "China's continued trade surplus has become the focus of global attention and is seen as the biggest driver of global trade imbalances."　　The high-level speech, to some extent, is conducive to the conclusion of some countries in the world, in the name of trade surplus to China's exchange rate. In this respect, the experts interviewed yesterday said that the March deficit was due to strong imports of domestic demand, imports faster than export growth. At the same time, international commodity prices have risen, making the total price of imported products grow rapidly. However, a deficit is staged, and there may be a rebound in the future.　　But, to be sure, the future surplus will not be as big as it used to be. Entering the 2010, as the global economy recovered strongly, a spokesman for the Ministry of Commerce, Yao Jian, said at the beginning of last year that China's foreign trade and import and export continued its growth trend in November, December, two months, and imports and exports grew by about 45%, with export growth 21% and imports growing by 86%.　　The trade surplus, which has always been high, has fallen by 64%, and the general trade has seen a deficit of 2.4 billion dollars. Uibe, director of China-US Trade and Economic Research Center Weiwen said that the annual trend of China's foreign trade is relatively strong at the beginning of the year, after February surplus will be relatively large. At present, although exports are recovering, imports are growing faster than exports.　　In addition, China's demand for equipment, new technology, etc., international commodities such as oil, iron ore and other factors such as price increases, may also lead to a March deficit. Institute of International Trade and economic cooperation of mofcom a person told reporters that international commodity prices are rising as imports grow faster than exports and import domestic demand is strong.　　In addition, exports were not fully recovered, leading to a possible deficit in March.　　Galaxy Securities macroeconomic analyst Zhang Xin also said that the possible deficit is mainly due to the increase in imports and commodities such as coal, oil and other prices. "Of course, this is not to say that our exports are not good, but that the pace of recovery is slower than imports," Wei Wenhai said. "It is estimated that our export growth of 10% this year is not bigLast year is 120 billion yuan, this year 130 billion yuan should be no problem. "So the likelihood of a deficit in March is very high, is it accidental or inevitable?"　　Will the future trade deficit become a trend? Weiwen that the March trade if there is a real deficit, it is also phased. A March deficit does not represent a total annual deficit, and the trend for the year to emerge is two quarters. Weiwen reminded Chen Deming that "March" may have a deficit, and did not predict after March.　　But to be sure, the surplus will not be as big as it used to be. Galaxy Securities macro analyst Zhang Xin also said that the deficit is not a trend, and only a 1-month deficit does not explain what.