Chen elaborate three main reasons behind the Sino-US trade surplus

 Chinese Commerce Minister Chen Deming
19 in Washington, said the trade imbalance between China and a number of reasons, China is willing to strengthen communication and cooperation with the U.S. to promote trade liberalization and facilitation, co-improved trade imbalance .

accompanying Chinese President Hu Jintao visited Chen in the United States accepted the day of the joint Chinese and foreign media interview, said that according to incomplete statistics, not counting the aircraft project, during this visit China to buy U.S. goods amounting to approximately USD 24.9 billion China's export contract amount to 120 billion U.S. dollars, two-way investment amounted to 5.1 billion, of which China invested 3.24 billion U.S. dollars in the United States. He said that the new year, to sign such a large-scale Sino-US trade and investment cooperation agreement, indicating the importance of commercial relations between the two countries.

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Chen Deming said that China's trade surplus with the United States There are three main reasons behind. First, globalization has a surplus of other countries and regions to China. Asia's trade surplus with the United States because it did not change much, while Japan, South Korea and other parts of the processing trade and the U.S. some of the processing trade diversion to China.

Second, the U.S. trade discrimination. U.S. restrictions on Chinese bill, including a ban on the export of military goods, dual-use goods, civilian goods exports to China also needs scrutiny, for example, introduced in 2007 specifically for the United States Export Control Act of China. China hopes that the Obama administration to relax such restrictions, which the U.S. employment and U.S. corporate global competition is fair. Now China is the world's third-largest U.S. export market. As the year continues to import promotion plan, China will increase imports of U.S.. Unfortunately, the United States announced last December to relax export controls for advice bill to export divided into three categories, a total of 164 countries and regions, China is excluded.

Chen Deming said:

Third, China and the U.S. have a bias in the trade statistics. Chen said the two business sectors are actively cooperate to rectify this. China hopes that an atmosphere of mutual trust and equality, about Sino-US trade imbalance, in order to better solve the problem.