Media Said China Will Introduce Policies To Promote Imports In The Second Quarter.

According to the voice of the economy, there are media reports that the Ministry of commerce is studying the relevant policies to promote imports, which will be introduced in the near future.

Whether the news is true or not, let's connect with Wang Kaishan, a CCTV reporter, to find out the relevant circumstances.

Moderator: there are rumors that

Reporter: I learned from the people close to the Ministry of commerce that China is indeed studying and formulating some import related factors.

Moderator: in the first quarter of this year, there was a "China's first quarterly deficit" in 7 years.

Is there any possibility of a trade deficit in the next few quarters?

Reporter: Although China has seen a trade deficit in the first quarter, experts predict that China will soon resume its monthly trade surplus, and will still achieve a large scale trade surplus throughout the year.

China's trade surplus over the years has been closely related to the so-called "world factory" status. Processing trade has occupied a larger share in China's international trade.

China imports raw materials and semi-finished products from ASEAN and Australia, and exports finished products to Europe and the United States on the other side.

Under such a trade pattern, China's export volume is bound to be higher than the import value, that is, China is naturally a trade surplus country.