China will make efforts to promote its trade balance and
encourage domestic consumption in 2007 to realize efficient and
rapid economic growth, said Vice Premier Wu Yi on Tuesday.
In her instructions to the two-day national commerce work
meeting held in Beijing, Wu said the country would try to optimize
its trade structure and address the trade imbalance this year.
China will endeavor to raise the efficiency of foreign capital
utilization and encourage overseas investment and international
business from domestic enterprises, she said.
Wu said China would promote multilateral and regional economic
cooperation, and properly handle trade disputes.
To encourage domestic consumption, Wu said China would make
market reforms and improve logistics.
China's foreign trade exceeded US$1.76 trillion in 2006 and it
used more than US$63 billion of foreign direct investment.
(Xinhua News Agency January 17, 2007)
