摘要
The past four years have seen China’s trade surplus soar. It accounted for 7 percent of the country’s gross domestic product (GDP) in 2006.Indications are that this will exceed 10 percent in 2007.Given the swelling trade surplus and its rising proportion to the GDP,many people conclude that China’s economy is seriously imbalanced.Li Yang,Director of the Institute of Finance and Banking,the Chinese Academy of Social Sciences,recently shared his views on the issue in an article in Wen Hui Bao,a Shanghai-based newspaper.
The past four years have seen China's trade surplus soar. It accounted for 7 percent of the country's gross domestic product (GDP) in 2006.Indications are that this will exceed 10 percent in 2007.Given the swelling trade surplus and its rising proportion to the GDP,many people conclude that China's economy is seriously imbalanced.Li Yang,Director of the Institute of Finance and Banking,the Chinese Academy of Social Sciences,recently shared his views on the issue in an article in Wen Hui Bao,a Shanghai-based newspaper.
