China presents huge potential for US exporters, trade report says

As China's total imports are expected to reach $8 trillion in the next five years, it will bring immense business opportunities for companies in the United States to further balance bilateral trade, the Ministry of Commerce said in a major report released on Thursday.

Products and goods from the energy industry, agriculture, general manufacturing and services will boost trade between the two countries, according to the Research Report on China-US Economic and Trade Relations.

China also plans to import more US soybeans and cotton as well as advanced manufactured items such as passenger aircraft, integrated circuits and machine tools, it said.