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The following article was published in our article directory on January 21, 2011.
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China Will Expand Imports This Year

Article Category: Business

Author Name: xia zihui

This year will expand imports commerce ministry spokesman said YaoJian jan 19 at the news conference, said: "the mofcom in 2011 meeting continued to expand import as we focus of the work in the further promotion of export products brand value, guarantee market share at the same time, to put the key work of further on imports, mainly three aspects measures will be taken."

First, to further improve the import promoting system, and to further implement the import convenience measures, to show the important supporting increasing imports exhibition, the important center city must provide overseas products exhibition center to provide trade facilitation services, promoting China's imports.

Second, optimize the structure of imports, especially those with China imports of resources, environment related products and technologies, including raw materials, energy conservation and environmental protection technology. In this respect, Europe, USA, Japan these trading partners around 40% probably accounts for our import and export, we will further expand imports, reduce because division in industrial structure in these countries' trade surplus.

Third, the ministry of commerce will further effective organization government resources to import, the ministry of commerce will be held in March this year, the national import working meeting of 2011 and the next period to expand import work deployment. In China to expand import at the same time, we hope that relevant countries further relax for China's export control measures. In the United States, for example, on China's export, exports of high-tech products used to 18% share, now accounts for still account for 7.5% share. In the process, to expand import needs not only Chinese government departments of effort, still need to international cooperation, including developed countries in the technology transfer, as well as in energy conservation and environmental protection in the field of technical cooperation.

The mofcom new international trade negotiations deputy representatives chong yesterday in "China imported BBS" in 2010, said China will encourage from the current existing's trade deficit with the national import, and take measures to improve gradually expand imports, import and export balance. At the same time, he also said China has broad market space and a huge development potential expected this year, China's domestic market scale will reach $2 trillion, much more than the total export.

Chong points out, in the background of economic globalization, especially in coping with a financial crisis in the process, the world countries should jointly against protectionism, mutual opening up markets, to promote global trade continuously and steadily, and promote the development of world economy overall recovery. China, as a trading power, it takes import, export, also take seriously will actively promote China import and export trade balance development.

Chong stressed, open markets, expand imports, economic development of a country are as nots allow to ignore the important role. The Chinese government encourages expand imports is not a short-term expedient, according to China's own economic actual need of the development of the decisions, be helpful for China to speed up the economic development mode change, the adjustment of economic structure.

According to introducing, in recent years, China has actively expand imports, all countries in the world with a huge market, China has become the world's second-biggest importer. At present, China's total import tariff level has been reduced to 9.8 per cent, well below developing countries 46.6% average tariff.

But in July China monthly trade surplus exceeding 2.87 billion dollars in 2009, setting a record high since February. Before July trade surplus amounted to 839.3 billion dollars. Under this background, enter since August, about expanding China imported voice to break out. China international economic exchange center secretary-general, the original mofcom ice-minister suggested in the transformation of the mode of economic development in the backdrop, should increase imports, pay more attention to import policy research.

Chong made clear that China will continue, steadily promoting market opening, taking active measures to expand import, promote the trade balance development. First, China will continue to adjust and optimize the import structure. Encourage imports domestic economic and social development and people's living needs of goods and technology, especially the domestic shortage of resources, advanced technology and key equipment, Properly handle trade frictions and disputes, and efforts to expand the main ShunChaGuo import trade, as far as possible to promote trade balance, Constantly optimize the import tariff structure.

Secondly, further improve the trade facilitation level. Further clear non-tariff measures, continue to simplify and relaxing part to import the management measures, reduce import links and formalities, lower import expenses and costs.

Third, and constantly improve the import promotes system. Establishing and perfecting the import public information service system, Held various import commodity fair, fair and recommendation, Research using various financial, tax means such as support expand imports, Support and organize various forms of investment and trade promotion group, the relevant countries to start investing in trade promotion activities.

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