This year, China's trade surplus continues to decrease

Yao Jian said that China's trade surplus occurs, a fall is due to the import price, especially the prices of primary products, the second is the economic stimulus package that China's rapid economic growth, the domestic market demand, domestic consumption for overseas market needs further strengthening.

Not long ago concluded 107 105th, although a restorative settlement growth, but still well below the pre-crisis level, turnover in 2008 fell 10.3%. Buyers on the market trend is still doubt, orders, enterprises worry about rising exchange rate changes, costs, not afraid to take a long, single, single, within 3 months of short single-53% of total turnover.

Yao Jian said, the eurozone sovereign debt crisis, global financial markets and the stock market fluctuations, due to the relatively large market confidence, in turn, delay the process of global economic recovery. Although China and Greece's trade in EU trade accounts for only a small percentage, but the overall economic situation in Europe is also affected by the sovereign debt crises of the drag. Because the EU is China's largest export market, China trade size of 16%, this would have on the whole of China's exports. On the other hand, as of May 14, the cumulative renminbi appreciation against the euro 14.5%, also to China's exporters caused tremendous cost pressure on the trade policies of adjustment.

Mizuho Securities greater China Chief Economist Shen Jian said, in commodity, automobile parts and components industry, China's imports growth has far exceeded pre-crisis levels, but also changed the balance of the savings-investment. Mechanical and electronic products continue to promote export growth also has been restored to pre-crisis levels of 30%, and labour-intensive exports have been rising pressure on wages, the growth rate slowed. Strong growth in imports of the future may have slightly reduced, and as a result of China's largest trading partner the EU facing rescue Greece debt crisis, may influence of southern European policy on its exports to China. As a result of the gradual reduction of trade surplus and the recent appreciation of the US dollar against the euro, the appreciation of the Renminbi pressure had eased.