By the general administration of customs import and export data shows that China’s trade surplus of $6.45 billion in January, 53.5% less than the same period last year.This is also the sharp contractions in December last year sharply again after a $9.82 billion contract.
However, it is still difficult to cut surplus pressure.After China joining wto, China’s surplus with hugely increased foreign trade data.In 2001 China’s surplus at $2001, surplus peaked in 2008, to $295.46 billion.A financial crisis in 2009 surplus adjusted, 2010 to November is $170.4 billion.
“Processing trade in our entire foreign trade export, half the basic from processing trade surplus.”Jiang said.
, according to data from the ministry of commerce of the processing trade surplus is basically processing is given priority to, accounting for 96% of the trade surplus.
2001 years later, the processing trade surplus increased year by year, especially the rapid development of processing trade surplus after 2005, the processing trade surplus reached $2008 in 296.78 billion, the 2009 financial crisis, the processing trade surplus remains at $264.64 billion, 2010 to November has reached $291.1 billion.
General trade and other trade, by contrast, besides is a surplus in 2007, other years are in deficit.In 2010, general trade and other trade deficit with China reached $120.7 billion, have played an important role to increase imports and promote trade balance.
“China’s trade surplus with the wto and opening to the outside world in increase year by year, since last year, we in the restructuring, in the aspect of balance of trade, and make great efforts to expand imports.”Jiang said.