March 22, 2025
    Advanced Search 
  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  
 
Font Large Medium Small
E-Mail This Story
Print Friendly Format
Comment On This Story
Save This Story
 
  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
         

| Home | News | Business | Living in China | Forum | E-Papers | Weather |

| About China Daily | About China Daily.com.cn | Contact Us | Site Map | Jobs |
 Copyright 2005 Chinadaily.com.cn All rights reserved. Registered Number: 20100000002731
主站蜘蛛池模板: 欧美又粗又长又爽做受| 视频一区二区三区在线观看| 天天躁夜夜躁狠狠躁2023| 久久亚洲精品专区蓝色区| 欧美一级视频在线观看欧美| 亚洲男人天堂2022| 男人天堂资源站| 再深点灬舒服灬太大了少妇| 色就色欧美综合偷拍区a| 国产太嫩了在线观看| 久久青青草原亚洲av无码| 欧美精品videosex极品| 人妻尝试又大又粗久久| 精品一区二区三区在线观看| 四虎一影院区永久精品| 豪妇荡乳1一5白玉兰免费下载| 国产成人精品午夜视频'| 你懂的手机在线视频| 国产精品黄页在线播放免费| 99久久人妻精品免费二区| 女人国产香蕉久久精品| 一级做a免费视频观看网站| 成人国产精品一级毛片视频| 中文字幕无码免费久久9一区9| 日本xxx在线播放| 久久久久免费看黄a级试看| 日韩在线视频免费观看| 九位美女尿撒尿11分钟| 最近的中文字幕视频完整| 亚洲乱码国产乱码精品精| 欧美人和黑人牲交网站上线| 亚洲国产精品区| 欧美性大战久久久久久| 亚洲成A∨人片在线观看无码| 欧美老熟妇欲乱高清视频| 亚洲欧美日韩国产精品一区| 欧美高清国产在线观看| 亚洲精品v天堂中文字幕| 99精品国产在热久久| 日韩成人精品日本亚洲 | 日韩乱码中文字幕视频|