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    The Commerce Department Said The Trade Surplus Will Drop Sharply This Year.

    2010/5/19 9:26:00 8

    Foreign Trade

    Ministry of Commerce, Yao Jian, yesterday at a regular press conference, said that from the first 4 months of this year, the trade surplus is expected to fall sharply this year.

    He also said that the RMB exchange rate issue should not be politicized. China will improve the RMB exchange rate policy in accordance with the global economy and the development of China's economy.


    The trade surplus will drop sharply this year.


      數據顯示,1—4月份我國貿易順差161.1億美元,同比下降78.6%。其中出口增長29.2%,進口增長60.1%,進口增速約為出口增速的一倍。“這基本奠定了今年的貿易形勢,今年貿易順差將大幅下降。”姚堅說。  


    In addition, due to the increase in import commodities, especially commodity prices and the increase in domestic demand, the general trade deficit in the first half of April was $39 billion 300 million.

    It is reported that China's trade surplus reached a record $196 billion 100 million last year, the trade surplus narrowed in January this year, a trade deficit in March, and a surplus in April.


    Yao Jian pointed out that the European Union is China's largest export market, and that the weak economic growth in the euro area will affect the export situation of China.

    At the same time, the European debt crisis caused huge fluctuations in the financial market, will delay the global economic recovery process.

    In addition, the current European debt crisis has an impact on the stability of the euro. This year, from 1 to April, the yuan appreciated 14.5% against the euro, which caused cost pressure to our export enterprises, which will affect the formulation of China's trade policy.


      人民幣匯率不應泛政治化  


      對于人民幣匯率問題,姚堅表示不應該泛政治化。他強調,各界就人民幣匯率對中美貿易的影響已達成基本共識,即人民幣匯率不是中國對美順差和全球經濟失衡的根源,根源在于美國的消費模式和金融監管模式。  


    In response to the statement made by the US Secretary of Commerce, Luo Jiahui, to modify the US export control system to China, Yao Jian said that the Ministry of Commerce hopes that the United States will change its discriminatory policies in the policy formulation so as to treat them equally.


    Yao Jian believes that the United States is based on three considerations: first, the necessary means for the United States to increase employment; secondly, it helps to alleviate the trade deficit of the United States; and again, this is an important aspect of strengthening Sino US foreign relations cooperation.


      支持中國企業開拓海外市場  


      姚堅說,1—4月份,我國累計實現非金融類對外直接投資114億美元。其中,4月份當月投資額38.8億美元,較上月增長35.7%。1—4月份我國對外承包工程業務完成營業額230.8億美元,同比增長28.7%,新簽合同額366.4億美元,同比下降17.8%。  


    Yao Jian revealed that the Ministry of Commerce will revise the provisions of foreign investment in the establishment of investment companies, and encourage multinational companies to set up regional headquarters and functional institutions such as R & D, procurement and profit accounting in China.


    In addition, Anshan Iron and Steel Group has announced plans to build 4 steel mills and 1 electrical steel plants in the United States. Yao Jian said that signing the investment agreement is an important step for Chinese enterprises to go out.

    At present, the Ministry of Commerce has not yet received its application, but it is expected that after its declaration, the Ministry of Commerce will support the arrangements for Chinese enterprises to open up overseas markets.

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