Latest News:  
Beijing   Sunny    21 / 8   City Forecast

Home>>China Politics

Vice commerce minister urges to boost China's imports


11:00, October 03, 2011

China should boost imports to balance trade as the country has emerged as a major global importer, a senior official said in a forum on imports held in Shanghai.

The time has come for the government to attach equal importance to imports and exports, said Zhong Shan, vice minister of commerce.

China's imports have boomed since the country entered the World Trade Organization, and have contributed to the country's steady and rapid economic growth, Zhong said.

But import policies are far from perfect, and the country's import structure also needs optimized, Zhong said.

Governments, industry associations and enterprises should work together to boost imports, the vice minister said.

China, now the second largest importer in the world, witnessed its imports expand 3.7 times from 2002 to 2010.

The country's imports showed vigorous growth while exports were dampened by waning demand overseas amid sluggish global economic recovery.

According to the General Administration of Customs, in August, China's imports jumped 35.2 percent from last year, sharply up from the 22.7-percent increase in July. Meanwhile, exports expanded 34.4 percent, easing from July's 38.1-percent growth.


Leave your comment0 comments

  1. Name


Selections for you

  1. Art car show held in Houston, U.S.

  2. Typhoon-triggered floods kill at least 4 in south China, more rains to come

  3. Li Na bows out of China Open first round

  4. Military parade at founding ceremony of China in 1949

Most Popular


  1. Q&A with Michigan Gov. Rick Snyder
  2. Will China be Europe's savior?
  3. Taiwan arms sales becomes US political spell
  4. Mutual trust needed for nations' common progress
  5. China's SMEs now stranded in credit crunch

What's happening in China

Micro blogs: The new grapevine

  1. China calls for boycott on online falsehoods
  2. Typhoon Nesat causes heavy damage in S. China
  3. Immigration law discriminates against maids
  4. Fiancee's attempt to break up is deadly
  5. Grassroots Party devote to rural development

PD Online Data

  1. Challenge to the traditional view of love and marriage
  2. House means happiness? Young Chinese' home-owning dream
  3. Fighting AIDS,China is acting
  4. Worldwide Confusius Institutes
  5. Chinese Qingming Festival