SCIO briefing on China's import and export performance of 2020
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E-mail China.org.cn, January 15, 2021
Bloomberg News:
According to the data you have just released, the trade surplus in China exceeded $500 billion last year, the highest figure since 2015. Do you think trade surplus will continue to grow or do you think the demand for imports in the country will increase in 2021? Please give us a brief analysis, thank you.
Li Kuiwen:
Thank you for your question. Actually, I already answered this question when discussing trends in this year's foreign trade just now. Regarding the overall development of foreign trade in 2021, I think that the world economy is expected to recover and the domestic economy will provide strong support for foreign trade. However, we should also be aware that changes in the pandemic situation and the external environment will both bring difficulties and challenges to the development of our country's foreign trade. Thanks to the advantages of the large domestic market, the gradual formation of a new pattern of development, and the continuous promotion of high-level opening-up, I believe that foreign trade this year is expected to maintain certain growth. But we still need to further observe factors related to this issue. Thank you.
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