Ambassador: More tourism and trade ties
Updated: 2013-06-03 13:19
By Lyu Chang (China Daily)
|
|||||||||
Balanced trade
Bradanini also called for balanced bilateral trade between the two countries since China has a trade surplus of about 16 or 17 billion euros.
Meanwhile, a Ministry of Commerce official said that China should develop its import market in order to balance the nation's import and export volume.
"We're keen to transform China's foreign trade structure by enhancing the import industry and retaining export growth at the same time," Jiang Fan, deputy director-general of the department of foreign trade at the Ministry of Commerce, said on May 16.
The nation's total foreign trade hit 3.87 trillion yuan ($630 billion) in 2012, up 6.2 percent over the year previous.
The scale of imports expanded from $955.9 billion in 2007 to $1.8 trillion in 2012, an annual average growth rate of 13.7 percent, some 2.8 percentage points higher than the growth in exports, according to the ministry.
China is Italy's 10th largest trading partner, while Italy is China's fourth-biggest trading partner in the EU.
The bilateral trade between China and Italy is expected to reach $80 billion by 2015, almost double the $45.1 billion in 2010.
- 'Taken 2' grabs movie box office crown
- Rihanna's 'Diamonds' tops UK pop chart
- Fans get look at vintage Rolling Stones
- Celebrities attend Power of Women event
- Ang Lee breaks 'every rule' to make unlikely new Life of Pi film
- Rihanna almost thrown out of nightclub
- 'Dark Knight' wins weekend box office
- 'Total Recall' stars gather in Beverly Hills
Most Viewed
Editor's Picks
Pumping up power of consumption |
From China with love and care |
From the classroom to the boardroom |
Schools open overseas campus |
Domestic power of new energy |
Clearing the air |
Today's Top News
Shenzhou X astronaut gives lecture today
US told to reassess duties on Chinese paper
Chinese seek greater share of satellite market
Russia rejects Obama's nuke cut proposal
US immigration bill sees Senate breakthrough
Brazilian cities revoke fare hikes
Moody's warns on China's local govt debt
Air quality in major cities drops in May
US Weekly
Geared to go |
The place to be |