Xinhua: Accusations of unfair trade are themselves unfair
Xinhua |
Updated: 2018-11-08 16:28
For those who complain trade with China is done under unfair rules, they may find it difficult to justify their accusations at the first China International Import Expo (CIIE). Conversely, trade with China is fair and reciprocal, Xinhua News Agency reported.
Chinese companies shop for billions of dollars in foreign goods at CIIE, the world's first import-themed national-level expo that opened on Nov 5. It underlines China's aspiration of transitioning from selling to the world to buying from the world.
The expo also reinforces messages to the world: China is serious about opening up, the doors will open wider, as it is very clear about the type of changes that need to be made.
At the opening ceremony, President Xi Jinping announced that in the next 15 years, China's imported goods and services are estimated to exceed $30 trillion and $10 trillion, respectively.
China holds a surplus in the goods trade, it runs a deficit in service trade. The Ministry of Commerce (MOC) released a report on the sidelines of the expo showing that China's cumulative service imports are expected to exceed $2.5 trillion in the next five years.
Piles of import orders at CIIE show China's commitment is not lip service but real deals.
For those who complain trade with China is done under unfair rules, they may find it difficult to justify their accusations at the first China International Import Expo (CIIE). Conversely, trade with China is fair and reciprocal, Xinhua News Agency reported.
Chinese companies shop for billions of dollars in foreign goods at CIIE, the world's first import-themed national-level expo that opened on Nov 5. It underlines China's aspiration of transitioning from selling to the world to buying from the world.
The expo also reinforces messages to the world: China is serious about opening up, the doors will open wider, as it is very clear about the type of changes that need to be made.
At the opening ceremony, President Xi Jinping announced that in the next 15 years, China's imported goods and services are estimated to exceed $30 trillion and $10 trillion, respectively.
China holds a surplus in the goods trade, it runs a deficit in service trade. The Ministry of Commerce (MOC) released a report on the sidelines of the expo showing that China's cumulative service imports are expected to exceed $2.5 trillion in the next five years.
Piles of import orders at CIIE show China's commitment is not lip service but real deals.
