It is reported that China is a developing trading country with abundant resources. The international status of China's trade is increasing, and a new perspective on the trade deficit appears. On November 30th, Chinese Premier Wen Jiabao and Swedish Prime Minister Reinfeldt and European Commission President Barroso attended the 5th China-EU Business Summit held in Nanjing. In his keynote speech at the meeting, Wen Jiabao said: "China does not pursue a large trade surplus. In order to alleviate the contradiction between bilateral trade imbalances, it has sent a number of trade and investment promotion missions. It will conduct economic and trade activities in Europe and China will continue to take it in the future. Measures to actively expand imports from Europe."

At the China-EU Business Summit, the trade surplus was once again put on the table. Most traditional hardware trade bosses believe that export is a good thing for foreign exchange earning, and the deficit is a bad thing. This concept has long dominated China's trade policy and practice. In fact, a country's foreign trade should pursue a long-term basic balance of imports and exports, rather than a long-term trade surplus.

China is a big developing country, and the long-term trade surplus is not all good. On the contrary, the results of the trade deficit are not all bad.

The so-called trade deficit refers to the total value of import trade of a country in a certain period of time (such as one year, half year, one season, January) is greater than the total value of exports, commonly known as "into the super", that is, "trade deficit", or "trade deficit"; It shows that a country's foreign exchange reserves are reduced, the country's commodity international competitiveness is weak, and the country was at a disadvantage in foreign trade that year. Similarly, a government government should try to avoid a long-term trade deficit, because a large deficit will lead to the outflow of domestic resources and an increase in external debt, which will also affect the normal operation of the national economy.

At present, although China has replaced some of Asia's shares in the US market and has become an important trading partner of the United States, China's replacement of the United States as Asia's main import market is becoming a trend. According to the analysis, in recent years, Asian countries have exported to China faster than they have imported from China and maintained a surplus.

China's hardware industry export trade, but also the enterprises themselves to work hard, close to advanced technology, innovation and win the market.

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