China seeks balanced trade

时间：2007-11-21 06:37:48

（单词翻译:单击）

Nov. 21 - China plans to increase imports from Latin America and Central and Eastern Europe by introducing more products from these regions to Chinese consumers through an upcoming trade event in Beijing.

 

The exhibition of Latin American and Central and Eastern European products is expected to attract more than 150 enterprises from 16 countries from the regions, director of the trade development bureau of the Ministry1 of Commerce Feng Hongzhang said.

 

"As the organizer of the fair, we also invited some 3,000 professional domestic buyers from trading companies and supermarkets," he said.

 

Exhibitors will showcase agricultural products, food, alcohol and equipment during the three-day event, scheduled to open tomorrow in Beijing.

 

"The move is intended to help these regions increase awareness2 of their products among Chinese, consequently increasing their exports to the country," Feng said.

 

This goal is in line with the government's push to reduce trading surpluses with trade partners.

 

Last year, China' trade with Latin American countries hit $70.2 billion, up 39.2 percent from a year earlier. China mainly exported textiles, TV sets, DVD players and fuels to the countries. From Latin America, it mostly imported agricultural products, soybeans and integrated circuits.

 

"We are pleased to see that China's imports from, and exports to, Latin America are both diversifying3, and trade of high value-added products is increasing," said an official with the commerce ministry's American and Oceanian affairs.

 

He was referring to jets from Brazil, rice from Uruguay, beer from Mexico and wine from Chile, as well as container inspection4 equipment and communication equipment from China.

 

In 2006, China's trade with 13 countries in Central and Eastern Europe more than doubled from two years earlier to reach $22.66 billion, according to General Administration of Customs statistics.

 

In the first three quarters of this year, imports and exports between China and Central and Eastern European countries reached $19.46 billion, up 21 percent year-on-year.

 

The Chinese government expects enterprises from these regions to make full use of all international fairs, expos and trading events to boost awareness of their competitive products and services in the Chinese market. The goal of the campaign is achieving better-balanced trade.

 

In addition to trade, China also enjoys rapid growth in bilateral5 investment with countries from the regions.

 
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1 ministry kD5x2     
n.(政府的)部；牧师
参考例句：
  • They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
  • We probed the Air Ministry statements.我们调查了空军部的记录。
2 awareness 4yWzdW     
n.意识，觉悟，懂事，明智
参考例句：
  • There is a general awareness that smoking is harmful.人们普遍认识到吸烟有害健康。
  • Environmental awareness has increased over the years.这些年来人们的环境意识增强了。
3 diversifying a1f291117de06530378940b8720bea5e     
v.使多样化，多样化( diversify的现在分词 )；进入新的商业领域
参考例句：
  • Some publishers are now diversifying into software. 有些出版社目前正兼营软件。 来自辞典例句
  • Silverlit is diversifying into new markets, such as Russia and Eastern Europe. Silverlit正在使他们的市场变得多样化，开发新的市场如俄罗斯和东欧国家。 来自互联网
4 inspection y6TxG     
n.检查，审查，检阅
参考例句：
  • On random inspection the meat was found to be bad.经抽查，发现肉变质了。
  • The soldiers lined up for their daily inspection by their officers.士兵们列队接受军官的日常检阅。
5 bilateral dQGyW     
adj.双方的，两边的，两侧的
参考例句：
  • They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
  • There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

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