Home>News Center>China
       
 

Lift restrictions for a balanced trade
(Xinhua)
Updated: 2004-04-08 07:58

China is taking steps to resolve the problem of the trade deficit between China and the United States, and hopes the United States will lift the restrictions on its exports to China so as to expand bilateral trade, a Chinese official said in Beijing on Wednesday.

"We didn't deny there is the trade deficit between China and the United States, and we are making great efforts to resolve the problem by increasing import purchase orders from the United States," said He Yafei, Foreign Ministry director-general of the Department of North American and Oceanian Affairs.

He said the Chinese side also hopes the US side will take measures to loose its restrictions on exports to China. "If those export restrictions are removed, the trade between China and the United States will be greatly increased," He said.

He said with the rapid growth of the Chinese economy, China is facing increasing demands on electricity. As a result, the Chinese government is working on introducing nuclear techniques from foreign countries.

Upon the upcoming China visit of the US Vice President Dick Cheney, He said the Chinese side hopes China and the United States can make progress in import of nuclear techniques.

"Just like Chinese Premier Wen Jiabao said during his US visit at the end of last year, the Sino-US trade deficit should be resolved in a win-win way," said He. "Thus the US side should increase exports to China rather then cut its exports."

According to the director, the Sino-US trade has increased nearly 50 times since 1972 when the two countries established diplomatic ties. During the first two months of this year, US exports to China increased by 52.3 percent over the same period of last year.

In addition, He said the US unemployment problem should not be blamed on China. Analysis by economists from the United States and other foreign countries has shown that the trade deficit with China is not the cause of US job losses, the director added.

The Sino-US trade volume accounts for less than one percent of the US GDP (gross domestic product), which is too low to influence the US economy, said He.

On the Renminbi exchange rate, He said both China and the United States have discussed this issue at all levels.

He said for a long-term view, China will form its currency mechanism based on the market, but at the current stage, any change of China's currency system will influence the Asian finance and economy.

 
  Today's Top News     Top China News
 

Nation steps up efforts to contain HIV/AIDS

 

   
 

35 coalition troops, 170 Iraqis die in 3 days

 

   
 

Lien refiles lawsuit for new election

 

   
 

Koizumi vows to continue shrine visits

 

   
 

Beijing forecasts: Another year of drought

 

   
 

Call for cosmic cooperation with Europeans

 

   
  Lien refiles lawsuit for new election
   
  Yangtze tanker explosion kills 2, injures 6
   
  Lift restrictions for a balanced trade
   
  Judges slated for stricter scrutiny
   
  Call for cosmic cooperation with Europeans
   
  Nation steps up efforts to contain HIV/AIDS
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Revisions to foreign trade law get nod
   
High-level talks to solve biz disputes
   
China accepts US demand on tax talks
   
China puzzled over US tax complaint at WTO
   
Sino-US trade advances amid problems
  News Talk  
  Sex Education, a necessary evil?  
Advertisement
         
主站蜘蛛池模板: 国产乱子伦视频在线观看| 欧美国产精品久久| 日本一本一道波多野结衣| 亚洲在成人网在线看| 男人扒开女人的腿做爽爽视频| 国产r67194吃奶视频| 黄色三级免费电影| 国产精品亚洲专区无码唯爱网| 99在线精品免费视频九九视| 引诱亲女乱小说录目伦| 久久91综合国产91久久精品| 最后一夜无删减版在线观看| 亚洲成aⅴ人在线观看| 浮力影院欧美三级日本三级| 免费永久国产在线视频| 老师的兔子好多软水在线看| 国产在热线精品视频| 免费a在线观看| 国产精品成人免费视频网站| 91精品国产91久久久久青草| 天天综合网久久| yy6080久久亚洲精品| 成人a视频高清在线观看 | 自拍偷拍999| 日韩乱码人妻无码中文字幕 | 亚洲一级免费视频| 欧美日本中文字幕| 和武警第一次做男男gay| 青青草原在线视频| 国产手机精品视频| 色婷五月综激情亚洲综合| 国产精品区一区二区三| 一本伊在人香蕉线观新在线| 无码精品一区二区三区免费视频 | 2019中文字幕免费电影在线播放| 国精品无码一区二区三区在线| a级毛片在线播放| 天天狠天天透天干天天怕∴| t66y最新地址一地址二地址三 | 欧美xxxx狂喷水喷水| 亚洲欧美一二三区|