Chen Deming: Hope the U.S. will double its exports to China in the future

The 2011 Annual session of the World Economic Forum (Davos Forum) was held in Davos, Switzerland, from January 26 to 30th, and the theme of the 2011 Annual meeting was "common norms in the new situation".　　The four main topics of the annual meeting are: Responding to the new situation, economic prospects and formulating inclusive growth policies, supporting the 20 action plan and establishing a global risk response mechanism.　　 Around these issues, Sina Finance and Davos guests to open a dialogue, for you to analyze the post-crisis era, the global common values and norms in all aspects of reconstruction issues.　　ZURICH time January 27 afternoon (Beijing time January 28 morning) news, Commerce Minister Chen Deming in the Davos forum China's accession to the WTO ten-year news conference, said that in the future U.S. exports to China can double, to about 200 billion U.S. dollars. Chen Deming said that the current total trade between China and America is about 380 billion. Last year, U.S. exports to China soared to more than $100 billion trillion, hoping that U.S. exports to China would double, to around 200 billion dollars. China wants to import more materials, including raw materials, technical equipment and consumer goods needed for people's lives, in the context of reasonable tariffs and trade facilitation.　　Chinese importers are determined to expand imports according to the needs of Chinese consumers, hoping that countries with a deficit in trade with China could further remove export restrictions and export more of China's products to China. Chen Deming further said that China's import and export trade had a large growth last year, the total import and export volume reached nearly 3 trillion U.S. dollars, export growth of about 31%, imports increased by about 38%, import growth rate faster than the export growth of about 7%, the trade surplus is correspondingly reduced.　　The current surplus as a share of GDP and exports is very small, and 99% of the surplus is against an economic power, China this year to change this situation as soon as possible, so that trade and balance of payments more balanced. He noted that orders and consumption in the United States and the European Union had increased this year, especially in the private sector, as orders from Chinese companies were exported.　　In addition, with China diversifying exports, the US and Europe have become less and less of China's exports, hoping for a further robust recovery in the US and Europe. At the press conference, Chen Deming also reiterated the fact that China is a developing country, and that the biggest part of China's international responsibility is doing its job well. "We must do our best to make the development of the 1.3 billion population a good one, if the 1.3 billion population can solve the food and clothing, have a fine education and have healthy conditions, this will undoubtedly be a significant contribution to the stability of the world." China has more than 10 million people to add employment every year, there are more than 80 million people with disabilities to arrange, these people tend to exceed the total number of a country, is unimaginable in many countries a huge number, so their own things do well is the first. ”