Ministry of Commerce: expected surplus to be further reduced

Source: Internet
Author: User
February 17 Morning News, Ministry of Commerce spokesman Yao Jian said in a routine press conference today, China's imports in January faster than exports, price factors can not be belittled.  This year, China's promotion policy will be further strengthened, I believe that with the further improvement of China's trade balance, the surplus is expected to be further reduced. Yao said that the January import growth rate faster than exports, including price factors can not be belittled, because of China's import structure, consumer goods imports relatively little, only about 10%. and 40% of agricultural products, basic raw materials, mineral resources, such as imports of goods.  The latter's price increased in the previous period, leading to an increase in the amount of imports, which is a major factor. Yao introduced that China's measures to promote the balance of foreign trade are being implemented.  In 2006, China's share in the global import and export trade is about 6%-7%, and by the last year, with the expansion of China's trade scale, China's exports accounted for around 10% of the world's share. "We will promote import as an important policy measure, and this year's policy of promoting imports will be further strengthened and the balance of trade will be further improved." The surplus will be significantly reduced on a balanced basis. "said Yao. (Snow ting from Beijing)

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