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China has sent a courting gesture to U.S. President Donald Trump, who has just begun his term, saying he would import more products.
"We don't seek a trade surplus, we want to import more competitive and quality products and services to promote balanced trade," China's deputy prime minister Ding Xiexiang said in a speech at the annual meeting of the Davos Forum in Switzerland on Monday local time.
"The door to China's opening will not be closed, but will be wider and the business environment will be better," added Ding, who is sixth in the official ranking as a member of the CPC Central Political Bureau.
Ding also highlighted that China has been working to expand imports and that tariff levels are generally low at 7.3%.
His remarks came after President Trump did not come up with a new tariff bomb on China on his first day in office, contrary to his profession.
However, Ding did not say which country's products would be imported more.
China's trade surplus rose 21% year-on-year to 7.6 trillion yuan and 1,421 trillion won in Korean money last year due to a record increase in exports.
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"We don't seek a trade surplus, we want to import more competitive and quality products and services to promote balanced trade," China's deputy prime minister Ding Xiexiang said in a speech at the annual meeting of the Davos Forum in Switzerland on Monday local time.
"The door to China's opening will not be closed, but will be wider and the business environment will be better," added Ding, who is sixth in the official ranking as a member of the CPC Central Political Bureau.
Ding also highlighted that China has been working to expand imports and that tariff levels are generally low at 7.3%.
His remarks came after President Trump did not come up with a new tariff bomb on China on his first day in office, contrary to his profession.
However, Ding did not say which country's products would be imported more.
China's trade surplus rose 21% year-on-year to 7.6 trillion yuan and 1,421 trillion won in Korean money last year due to a record increase in exports.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
