Import and export surplus reduce trade change, experts say

International Online report (Li Xiaoping): China's General Administration of customs 10th released the 2010 import and export of China's foreign trade, data show that last year, China's foreign trade and import and export value of 2,972,760,000,000 U.S. dollars, year-on-year growth of 34.7%, the trade surplus of 183.1 billion U.S. dollars, reduce 6.4%.　　The trade surplus and the total value of imports and exports declined for three consecutive years, from 11.6% in 2008 to 6.2% in 2010. Yuan Gangming, a researcher at Tsinghua University's China and World Economic Research Center, said in an interview that the decline in trade surplus and the accelerated development of general trade import and export have highlighted the transformation of China's foreign trade growth pattern and the initial balance of import and export. Yuan Gangming said: "This progress is consistent with China's future development direction is the import and export balance, to ease international pressure and adjust the domestic economic structure is of great significance." For our country, it is difficult to adjust, on the one hand, has been a strong export-dependent situation over the years, reducing exports will have an impact on domestic employment and growth, on the other hand, no longer reduce the surplus, international pressure or trade friction. China itself has demanded that the export-dependent pattern be transformed into more reliance on expanding domestic demand. "China's foreign trade has returned to its previous level of financial crisis. 2010 years ago, in 11 months, the value of China's imports and exports exceeded the best 2008-year-2.56 trillion level in history.　　and the general trade import and export accelerated development, the total amounted to 1,488,710,000,000 U.S. dollars, growth nearly 40%, replacing the processing trade occupies half. The data also showed that in bilateral trade, China and the United States, Japan, the European Union and other developed countries market growth rate is lower than with India, Brazil, Russia and other markets. Yuan Gangming said that this is beneficial to the balance of the world economy: "The development of trade with emerging countries has a dual significance, not only to open up new markets outside the developed countries, but also to the overall development of emerging countries." They are in the same economic position as our country, and trade development is conducive to a more balanced development of the world. Yuan Gangming that China's foreign trade Development in the 2011 will have a new growth: "China in general, will maintain its stable development of import and export trade, while moving towards the adjustment of the balanced development of import and export, because the past year has seen a clear effect, bilateral trade will develop faster." The world economy is likely to recover better than last year, and world trade and cooperation will be smoother than before, so China's imports and exports 2011 years will be better. ”