International w88 expert Sang Baichuan: Maintaining long-term surplus is not unique to China
（2010Year04month04日 Source: China News Network)
China News Service4month4日Electricity According to Hong Kong Ta Kung Pao, w88 surplus has been a major phenomenon in China’s foreign w88 since the 1990s. w88 casino of International Economics and w88, w88 casinoSang BaichuanThe professor said in an interview with the newspaper that w88 surplus is a common stage in the industrialization process of developing countries under the background of globalization, and it is also the only way for China to modernize. Under the current w88 pattern, China's long-term w88 surplus is determined by China's economic structure and the world's economic structure.
Sang Baichuan explained that the cost advantage of China's export products will not disappear in the short term. China's labor-intensive export product structure has strong competitiveness, and it will be difficult for other countries to replace China's position in the short to medium term. From the perspective of international economic structure, during the adjustment of global industrial structure, developed countries have transferred some traditional manufacturing industries to China, and China has become the global manufacturing center. Although some European and American countries have proposed revitalizing the manufacturing industry, due to high cost pressures such as labor costs, environmental costs and real estate, it is difficult for developed countries to achieve results in their efforts to revitalize the manufacturing industry in the long term. Under such circumstances, China's surplus with Europe and the United States will be reduced, but it will not be eliminated.
Officials from the Ministry of Commerce once pointed out that judging from the development history of the United States, Germany, and Japan, these countries also maintained long-term surpluses during the industrialization stage. At present, China's w88 surplus is superficially reflected in the w88 field, but in essence it is the result of a series of comprehensive factors such as the differences in economic structure and development stages between China and foreign countries and the adjustment of the international division of labor under the background of economic globalization.
He believes that from the perspective of employment, economic growth and changes in China's economic structure, China's current high dependence on foreign demand and relatively large surplus are the result of the development of China's national economy, rather than a phenomenon of circulation.
Link:
http://www.chinanews.com.cn/cj/cj-ylgd/news/2010/04-04/2207314.shtml
