www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

China's trade surplus to hit $190B in 2007 - report

(Xinhua)
Updated: 2007-01-05 08:33

China's trade surplus may surge to a record new high of around US$190 billion this year despite government efforts to curb exports and encourage imports, the Chinese Academy of Sciences predicted in its latest analytical report.

If these projections came true, China would overtake Saudi Arabia and Russia to have the world's second largest trade surplus after Germany, said the report.

The government think tank said last year's trade surplus would grow 66.4 percent from a year earlier to US$169.4 billion, about US$1.9 billion higher than the Ministry of Commerce's official projection of US$167.5 billion.

It also predicted that the year's imports and exports would reach US$2.137 trillion, up 21.6 percent or US$137 billion from the figure forecast by the Ministry of Commerce in December.

The forecasts show the size of the challenge facing China in dealing with its rocketing trade surplus. The government hopes to keep the country's annual foreign trade growth at 10 percent in the next five years and to balance imports and exports by 2010.

But robust market demand and the global transfer of industry which has turned China into the world's factory are powerful engines boosting the country's exports.

"This year, the trade surplus with the United States and the European Union will grow even faster to hit US$178.2 billion and US$133.1 billion respectively," said the report.

"With its surplus expanding exponentially, China will face more trade disputes this year. The focus of friction will shift from clothing, textiles and shoes to electro-machinery products, steel and chemical products," it said.

Textile and clothing exports might slow slightly as a result of trade protection and barriers, it noted.

Exports of higher value-added electro-machinery products would post a surplus of 118.1 billion U.S. dollars in 2006, up 54.2 percent from 2005, and US$185.2 billion this year, up 56.9 percent year-on-year.
High-tech product exports would register a surplus of US$34 billion in 2006, up 67.2 percent on a year earlier, and US$80 billion this year, up 131.2 percent from 2006, said the report.

The government has deployed a battery of policy and tax incentives to facilitate exports of electro-machinery and high-tech products to alleviate trade frictions caused by cheap lower value-added exports.

The report argued, however, that the positive effects of such measures would not show up immediately because the real cure was to ensure domestic companies acquire key production technologies.

About 90 percent of China's exports of information technology products are made by foreign-invested companies, blowing out China's export figures but bringing little value in terms of advanced technology, it said.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 欧美毛片性视频区 | 日韩欧一级毛片在线播无遮挡 | 人人公开免费超级碰碰碰视频 | 欧美黄成人免费网站大全 | 在线观看国产一区二区三区 | 欧美国产日本精品一区二区三区 | 成人国产午夜在线视频 | 免费一级欧美片在线观看 | 日本高清aⅴ毛片免费 | 久久99精品久久只有精品 | 91久久国产口精品久久久久 | 成年人在线观看视频免费 | 国产精品区一区二区免费 | 亚洲女人被黑人猛躁进女人 | 亚洲欧美一二三区 | 伊人精品视频 | 欧美观看一级毛片 | 久青草视频在线 | 毛片在线播放网址 | 精品久久中文字幕有码 | 亚洲欧美日韩国产vr在线观 | 亚洲黄色在线视频 | 在线播放波多野结衣 | 国产精品久久久精品视频 | 美国免费三片在线观看 | 亚洲欧美国产中文 | 中文字幕乱码中文乱码综合 | 精品手机在线 | 正在播放国产乱子伦视频 | 免费国产成人高清在线看软件 | 亚洲国产精品久久网午夜 | 两性免费视频 | 另类欧美视频 | 国产欧美日韩中文久久 | 国产短视频精品一区二区三区 | 久久精品视频一区 | 99精品欧美| 免费特黄一级欧美大片 | hd最新国产人妖ts视频 | 欧美视频精品在线 | 亚洲三级在线视频 |