Global Times – China to increase imports from US

Restrictions on Chinese high-tech imports to the U.S., as well as restrictions on American firms access to the Chinese financial services market, are both further targets for liberalization.

May 25, 2017

‘China hopes to strengthen its economic and trade ties with the US and plans to increase imports of energy, agricultural products, manufactured goods and services trade from the country, the Ministry of Commerce (MOFCOM) said in a report released on Thursday.

China and the US are the world’s two largest economies, accounting for 40 percent of the global economy and 30 percent of the world’s foreign direct investment, according to MOFCOM’s research report on China-US economic and trade relations. Bilateral trade and economic cooperation has reached unprecedented depth and breadth, closely linking their economies.’

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