Ministry of Commerce: importation of imported inflation is difficult to restrain

"Financial reporter Wang Yanchun" in the face of the pressure of imported inflation, China's expansion of import policy will not be slowed? China will stick to the strategy of expanding imports and will not be slowed down by imported inflation, spokesman Yao Jian said at a news briefing today.　　In response to the pressure of imported inflation, mofcom will strengthen research on institutional mechanisms to rationalize import mechanisms and prevent the negative effects of soaring import prices. Yao said that the expansion of imports is an established policy objective, which comes from safeguarding macroeconomic overall balance, especially trade import and export balance, the overall goal is to further promote import facilitation. In the process of promoting the mouth, should pay attention to several aspects: first, the promotion of High-tech products, energy-saving and environmental protection products import. This is related to China's next overall development strategy. Second, the expansion of consumer goods imports. In addition, the promotion of agricultural imports.　　China's shortage of resources, including land resources and water resources are poor, so expanding the import of agricultural products, including soybeans, food imports, to solve the shortage of resources in China has an important role. "There is a real need for concern and vigilance in the price rise of imported resource products, especially in the long-term study of the mode of import of commodity commodities in institutional mechanisms."　　Yao said. The Ministry of Commerce statistics show that in the slow recovery of the world economy and the rebound in international market demand, exports reached 399.64 billion U.S. dollars in the first quarter, an increase of 26.5%, which led to a 11% rise in prices, the increase in domestic demand, the rise in international commodity prices and other factors under the joint action Imports reached 400.66 billion U.S. dollars, a record high in the quarterly scale, an increase of 32.6%, which led to a 16.5% rise in prices.　　With imports growing faster than export growth, the trade deficit was 1.02 billion trillion in the first quarter, with a quarterly deficit in nearly 6 years. Among them, the import volume of resource goods increased prices.　　In the first quarter, crude oil, iron ore, refined oil imports increased by 11.9%, 14.4% and 27.7% respectively, the prices increased by 24.3%, 59.5% and 18.7% respectively, the total number of three products to increase imports of 9.1%, which led to a rise in the price of 5.9%. Yao said there was a small deficit on the basis of the basic balance of trade, reflecting the initial effect of economic restructuring in the field of trade. The first quarter deficit was mainly caused by the rapid growth of resource imports. The high import price of resource goods, which is the performance of imported inflation, is driving up the overall upsurge of import prices. "The change in the terms of trade, especially the trade deficit caused by price changes, is not what we would like to see, which requires our attention." "said Yao. "Author: caijing reporter Wang Yanchun" (Editor: Liu Yue)