Sunday, December 12, 2010

Department of Commerce: the expansion of imports is not an expedient

"China has the broad market space and huge development potential, it is expected that this year the Chinese domestic market will reach $ 2, 000bn, much higher than the total export value. "At yesterday 's" open the Chinese market and global trade, "the Forum, the Department of Commerce's international trade negotiations, Deputy Representative Chong Quan said China's industrialization and urbanization will provide economic growth release a long-term and large domestic market, but also to other countries to expand exports to China to bring more market opportunities.

Chong Quan, stressed that the Chinese Government is actively encouraging the expansion of imports is not a temporary expedient, according to China's own economic development of the practical needs of policy decisions, in favor of China to speed up economic development mode, the adjustment of economic structures.

To this end, China's future will optimize the import structure, facilitating import facilities, perfect for system and so on three aspects, take eight measures, encourage the expansion of imports, the trade balance. It is learnt that the eight measures were actively import resources, advanced technology and key equipment; encourage increased mainly trade surplus countries import; import tariff structure optimization, guide enterprises to expand import; continue to raise the level of trade facilitation; perfect import public information service system; a range of imported goods exhibitions, fairs, tour; study of the use of various financial and tax measures to support the expansion of imports, including providing financing facilities, etc.; imports continue to organize the various forms of investment, trade promotion, investment abroad actively trade promotion activities.

Chong Quan said, according to China's reform and opening up 30 years of experience, open trade is a major force for economic growth, expanding imports on a country's economic development has an important role. "The world economy is at a crucial period of recovery, China wishes to adopt their own practical action, for the development of the world economy. We also hope that the world can work together to oppose protectionism. "Chong Springs last calls on States to eliminate all forms of trade barriers, the relaxation of various trade restrictions. (Source: people's network-international financial news)

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