China Focus: Top trader spot no reason for complacency
Editor: 管理员 Date:2014-03-04 Hit:2718
%3CP%3E%3CFONT%20face%3DVerdana%3EAlthough%20ascending%20to%20the%20spot%20of%20the%20world%27s%20largest%20goods%20trader%20is%20a%20major%20milestone%20for%20China%27s%20development%2C%20it%20is%20no%20excuse%20for%20complacency%2C%20according%20to%20experts.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EChina%27s%20goods%20trade%20in%202013%20reached%204.16%20trillion%20U.S.%20dollars%2C%20overtaking%20the%20United%20States%20for%20the%20first%20time%20to%20become%20the%20world%27s%20largest%20goods%20trading%20nation%2C%20according%20to%20the%20latest%20WTO%20figures.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%22It%20is%20a%20significant%20milestone%20for%20the%20development%20of%20China%27s%20open%20economy%2C%22%20said%20minister%20Gao%20Hucheng%2C%20cited%20by%20a%20Ministry%20of%20Commerce%20statement%20released%20Monday.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%3CSTRONG%3EMIRACLE%20IN%20WORLD%20TRADE%20HISTORY%3C/STRONG%3E%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EThe%20achievement%20marks%20a%20miracle%20in%20world%20trade%20history%2C%20as%20China%27s%20foreign%20trade%20volume%20has%20doubled%20about%20every%20four%20years%20since%201978%20to%20become%20the%20first%20developing%20nation%20to%20top%20the%20trader%20throne%2C%20Gao%20said.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%22Foreign%20trade%20has%20become%20the%20most%20dynamic%20driving%20force%20for%20social%20and%20economic%20development%2C%22%20he%20said.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3ESince%20the%20implementation%20of%20the%20reform%20and%20opening-up%20policy%20in%201978%2C%20China%27s%20trade%20volume%20has%20surged%20from%2020.6%20billion%20U.S.%20dollars%20to%204.16%20trillion%20U.S.%20dollars%2C%20representing%20compound%20annual%20growth%20of%2016.4%20percent.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EThe%20average%20contribution%20of%20foreign%20trade%20to%20China%27s%20economic%20growth%20has%20been%20around%2018%20percent%20since%201978%2C%20with%20foreign%20trade%20adding%20180%20million%20jobs%20each%20year%20and%20contributing%2018%20percent%20of%20China%27s%20tax%20revenues%2C%20MOC%20data%20showed.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EChina%20is%20currently%20on%20the%20right%20path%20of%20trade%20growth%2C%20as%20shown%20by%20these%20achievements%2C%20Gao%20said.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%3CSTRONG%3EMOVING%20TOWARD%20%22STRONG%20TRADING%20NATION%22%3C/STRONG%3E%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EHowever%2C%20China%20should%20also%20fully%20understand%20the%20problems%20and%20challenges%20in%20seeking%20trade%20growth%2C%20according%20to%20the%20minister.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%22Although%20becoming%20the%20world%27s%20biggest%20trader%20brings%20us%20joy%2C%20we%20should%20stay%20calm%20and%20cautious%2C%22%20Gao%20said%2C%20adding%20that%20there%20is%20still%20a%20long%2C%20arduous%20road%20ahead%20to%20becoming%20a%20%22strong%20trading%20nation.%22%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EFor%20a%20long%20time%2C%20Chinese%20products%20have%20relied%20on%20quantity%20and%20price%20advantages%20in%20international%20competition%2C%20while%20lacking%20core%20competitiveness%20and%20added%20value%2C%20he%20said.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EIn%202013%2C%20China%27s%20exports%20of%20high-tech%20products%20accounted%20for%2029.9%20percent%20of%20its%20total%20exports%2C%20but%2073%20percent%20of%20those%20products%20were%20made%20by%20foreign-invested%20companies.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%22Innovation-based%20trade%20growth%20should%20be%20promoted%2C%20as%20innovation%20is%20the%20source%20of%20growth%20vigor%2C%22%20Gao%20said.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EAlthough%20China%20has%20become%20the%20leader%20in%20goods%20trade%2C%20trade%20in%20services%20still%20lags%20far%20behind%20the%20United%20States.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EChina%27s%20total%20service%20trade%20reached%20539.64%20billion%20U.S.%20dollars%20in%202013%2C%20less%20than%20half%20of%20that%20for%20the%20U.S.%20The%20country%20saw%20a%20deficit%20of%20118.46%20billion%20U.S.%20dollars%20in%20service%20trade%2C%20even%20though%20it%20had%20a%20large%20surplus%20in%20goods%20trade.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EYuan%20Gangming%2C%20a%20researcher%20with%20the%20Center%20for%20China%20in%20the%20World%20Economy%20at%20Tsinghua%20University%2C%20also%20said%20China%20should%20adjust%20the%20trade%20structure%20and%20promote%20trade%20of%20capital-intensive%20and%20technology-intensive%20products.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EFor%20a%20long%20time%2C%20labor-intensive%20products%20have%20occupied%20a%20major%20proportion%20of%20China%27s%20trade%20of%20finished%20products%2C%20Yuan%20said.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EGao%20added%20that%20China%20should%20still%20improve%20its%20trade%20mechanisms%20to%20promote%20trade%20balance%20and%20avoid%20the%20obsession%20with%20scale%20and%20growth%20rates.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EChina%20also%20has%20an%20urgent%20need%20to%20foster%20new%20advantages%20in%20global%20competition%20amid%20rising%20labor%20costs%20and%20energy%20and%20environmental%20restraints%20on%20its%20economic%20growth%2C%20Gao%20said.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%3CBR%3E%28People%u2019s%20Daily%20Online%29%3CBR%3E%3C/FONT%3E%3C/P%3E
