国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

China / Top Stories

More US agricultural products on way

By ZHONG NAN (CHINA DAILY) Updated: 2020-01-17 00:00

More agricultural products imported from the United States will help meet demand from Chinese consumers and promote supply-side structural reform in the agricultural sector, experts said on Thursday.

Their analysis followed the signing of the phase-one China-US trade agreement on Wednesday in Washington, winding down a 22-month trade dispute between the world's two biggest economies.

Under the agreement, China will purchase more US agricultural products, including beef, pork, wheat, dairy, rice and aquatic products, from now until the end of 2021. The US will allow Chinese agricultural products, such as fragrant pears, citrus and jujube, to enter the US market.

These moves could create more space for both sides to enlarge trade volume with even more agricultural products in the next stage if the terms on the agreement can be smoothly implemented, said Cheng Dawei, professor of international trade at Renmin University of China's School of Economics.

The US and China are complementary in the agricultural sector. Increasing domestic demand for high-quality products and the Chinese people's diverse dietary habits will ensure the country can absorb the increased US imports, Cheng said, adding that the agreed purchases are based on changing domestic conditions.

Although Sino-US trade fell by 10.7 percent to 3.73 trillion yuan ($542.13 billion) in 2019 because of the trade tussle, China's imports from the US recovered some lost ground in the final two months of last year. US shipments to China rose 9.1 percent year-on-year to 78.83 billion yuan in December, according to the General Administration of Customs.

Agricultural products coming from the US to China reached 14.1 billion yuan last month, a surge of 200 percent year-on-year, the GAC said.

The trade deal with the US will not adversely affect the Chinese economy because China has pledged to further promote its domestic economic development based on mutual benefit, said Mei Xinyu, a researcher at the Chinese Academy of International Trade and Economic Cooperation.

He stressed that the additional imports of US agricultural products must be based on market demand and World Trade Organization rules. The prices of those US products should be competitive and meet the quality and safety standards required by the Chinese authorities.

If US companies want to increase their market share in China, they must improve the competitiveness of their products, Mei said, adding that it is advisable for them to enter into more partnerships with domestic companies in the processing and retail sectors to boost their understanding of the local market, Mei said.

Highlights
Hot Topics

...
横峰县| 仁寿县| 福建省| 衡山县| 潍坊市| 绥芬河市| 双鸭山市| 星座| 清苑县| 二手房| 云阳县| 衢州市| 晋中市| 得荣县| 景德镇市| 环江| 湖南省| 太原市| 剑阁县| 嘉定区| 聂拉木县| 南安市| 鲁甸县| 全椒县| 开江县| 抚松县| 普宁市| 娱乐| 修武县| 泽普县| 抚顺县| 炉霍县| 焉耆| 吐鲁番市| 浮梁县| 乐昌市| 金塔县| 宝坻区| 南汇区| 龙泉市| 清丰县|