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Trade surplus 'to decrease more' in 2011

By Ding Qingfen and Wang Xiaotian | China Daily | Updated: 2011-03-08 07:57

Trade surplus 'to decrease more' in 2011

Targeted imports will rise while export growth set to slow down

BEIJING - The trade surplus will decrease further this year and may even go into deficit for a few months, Minister of Commerce Chen Deming said on Monday.

This will be due to increased imports of high-tech products, green technology, resource-related goods (such as iron ore) as well as simplified procedures and tariff cuts on certain items, he said.

Trade surplus 'to decrease more' in 2011

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