男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Economy

Deficit just a blip on the radar

By Ding Qingfen (China Daily)
Updated: 2010-04-09 09:23
Large Medium Small

Nation will look to achieve trade balance, says commerce minister

BEIJING: The likely trade deficit in March is only a blip on the radar and will in no way hamper the nation's strong economic growth, Chen Deming, minister of commerce, told China Daily on Thursday.

Deficit just a blip on the radar

Chen Deming, minister of commerce,?said China is committed to open and free trade. [Gu Yu / For China Daily]

Chen said China believes in maintaining the trade balance and is not keen on a deficit or a surplus, as it cannot afford to deal with either of them.

The minister made these remarks at the signing ceremony of the China-Costa Rica Free Trade Agreement. The China-Costa-Rica pact is the first clinched by the nation with a Central American country.

Though March trade figures have yet to be announced, Chen said the nation is likely to see a trade deficit in the month.

Playing down concerns, Chen said, the deficit was a clear indicator of the open policy towards foreign trade (imports). At the same time it is also a pointer for nations that have recovered from the financial crisis of the challenges that lie ahead, he said.

The minister, however, was confident that the deficit would only be a short-lived phenomenon.

The likely trade deficit in March would be the first such instance in the last 70 months. Premier Wen Jiabao had earlier said there was a trade deficit of around $8 billion for the first 10 days of March.

Economists also concur that the trade deficit is a temporary phase, considering the robust overseas economic recovery and the slowdown in China's imports.

Chen, however, said there are still concerns over the surging prices for the commodities imported by China, along with the high unemployment rates and weak consumption power within the US and EU.

"China has to be prepared for the uncertainties in the global market as these would create problems and pressures for the nation," Chen said.

Reiterating the nation's commitment to open and free trade, Chen said China would strive to achieve this at all costs.

Related readings:
Deficit just a blip on the radar China, Costa Rica ink free trade agreement
Deficit just a blip on the radar China, Costa Rica conclude FTA talks
Deficit just a blip on the radar China, Costa Rica hold 6th round of FTA talks
Deficit just a blip on the radar China sees more opportunities to cooperate with Peru after FTA

Premier Wen said recently that China was happy to see the trade deficit during the first 10 days of March and the nation would try its best to import more to maintain the balance.

But neither deficit nor surplus is what China pursues. "China is not capable of handling a big deficit, nor would it like to hold large chunks of foreign exchange to reduce risks arising from depreciation of other currencies amid the financial crisis," Chen said.

China has been under pressure of late from the US to revalue its currency, as it claims that the foreign exchange policy is the main reason for the nation's trade deficit.

But Chinese government officials have refuted this and maintain that trade imbalances have no connection with the currency issue.

"The market situation and how open it is to the outside, rather than the foreign exchange policy, has a major say in which direction the trade balance would swing," said Chen.

主站蜘蛛池模板: 体育| 涞水县| 高要市| 铁岭县| 西峡县| 禄劝| 盘锦市| 沁源县| 临高县| 阜新市| 大荔县| 洮南市| 太湖县| 松溪县| 罗定市| 日土县| 都匀市| 临安市| 安阳市| 湖口县| 桐梓县| 铜川市| 武冈市| 乐至县| 舞钢市| 温宿县| 林州市| 甘肃省| 莎车县| 锡林浩特市| 韶关市| 绥江县| 朔州市| 石家庄市| 绥化市| 米林县| 海城市| 育儿| 吴旗县| 浦东新区| 偃师市| 阿克| 临潭县| 盐山县| 西丰县| 郯城县| 天峻县| 天津市| 达拉特旗| 长海县| 顺义区| 万山特区| 永顺县| 密山市| 海宁市| 内江市| 道孚县| 贵南县| 湖州市| 波密县| 河曲县| 镇沅| 新蔡县| 西昌市| 清镇市| 天峨县| 苏尼特左旗| 湖口县| 榆树市| 白水县| 太仆寺旗| 蕉岭县| 临颍县| 渭源县| 河曲县| 固原市| 建始县| 榆社县| 永年县| 蒙山县| 宜州市| 和硕县|