Some Problems in the Adjustment of External and Internal Economic Balances
LI Chun-din
Abstract
LI Chun-din
Abstract
With the increase of trade surplus and heated domestic investment,the government set investment adjustment,consumption promotion and reduction of trade surplus as the three key tasks for 2007.In face of huge foreign exchange reserve, less qualitative trade status and fierce trade friction situation, our country needs to actively reduce its trade surplus.But it is difficult to do so because of several pairs of dilemmas such as export reduction and economic growth, import increase and macro modulation, appreciation of RMB and financial stability. Hence, we must survey the trade surplus from a new angle in order to find out its solution.
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With the increase of trade surplus and heated domestic investment,the government set investment adjustment,consumption promotion and reduction of trade surplus as the three key tasks for 2007.In face of huge foreign exchange reserve, less qualitative trade status and fierce trade friction situation, our country needs to actively reduce its trade surplus.But it is difficult to do so because of several pairs of dilemmas such as export reduction and economic growth, import increase and macro modulation, appreciation of RMB and financial stability. Hence, we must survey the trade surplus from a new angle in order to find out its solution.
Key concepts: Balance of trade, Economics, International economics, Investment (military), Foreign direct investment, Consumption (sociology), Order (exchange), Economic surplus