XinhuanET Shanghai, Nov. 16 (Reporter Wu Yu Wang Xi) In 2001, in China's imports of high-tech products, 18.3 percent from the United States, to 2011, the proportion fell rapidly to 6.3 percent. The export control policy of the United States against China has seriously weakened the competitiveness of its own advantageous products, and the influence of its high-tech products in the Chinese market has been greatly reduced.

In response to these alarming statistics, Chinese Vice Minister of Commerce Zhong Shan said at the "2012 China Import Forum" held in Shanghai on the 16th that further strengthening trade cooperation between countries is in the interests of all parties, and the United States and Europe and other developed countries should timely adjust their export control policies against China. To jointly promote global trade development and economic recovery.

As China's largest foreign trade port, Shanghai Customs' latest statistics confirm the "decline" of US high-tech products in the Chinese market: In the first 10 months of this year, Shanghai Customs imported 6.28 billion U.S. dollars of high-tech products from the United States, down 5.8 percent from the same period last year, accounting for only 25.8 percent of the total value of Shanghai Customs imports from the United States in the same period, down 0.7 percentage points year-on-year.

According to Wang Chengming, an expert from Shanghai Customs, the United States currently imposes restrictions on the export of more than 2,400 kinds of goods to China, and the 46 kinds of high-tech products it has promised to export recently are still relatively low-end products. In the first 10 months of this year, US exports to the Shanghai customs area fell by 3% year on year, and the decline in exports of high-tech products, which should be the dominant products of the US, was 2.8 percentage points higher than the overall decline, indicating that the US has not substantially relaxed relevant export controls on China.

In the first 10 months of this year, the trade surplus of high-tech products between Shanghai Customs Zone and the United States was as high as 27.46 billion US dollars, accounting for 41.8 percent of the total trade surplus of Shanghai Customs Zone with the United States in the same period. Wang Chengming said that according to the level of scientific and technological development, this surplus should belong to the United States, but now the position has been reversed, and the United States should reflect on its advantages and disadvantages.

Customs statistics show that in the first 10 months of this year, Shanghai Customs imports of integrated circuits from the United States showed a 34.4 percent decline, while imports of unforged copper and steel surged by 15 times. Of the top 10 US goods imported by value, four are primary raw materials, including plastic in its primary form, scrap metal, unwrought copper and steel, and cotton. The rest of the automobiles, measuring, testing and analysis of automatic control instruments and appliances, integrated circuits, medical instruments and instruments, medical drugs and on-off protection circuit devices and parts and other commodities, is not fully representative of the United States the most advantageous high-tech products.

Professor of Fudan University Law School, Shanghai WTO Affairs Consulting Center business director Gong Baihua believes that for a long time, the United States has been accusing China of making a huge surplus in bilateral trade, and has always been vigilant about high-tech exports to China.

"China and the United States are stepping up negotiations on a bilateral investment protection treaty, which is expected to lay an institutional foundation for the United States to relax the export of high-tech products to China. More importantly, China and the United States should enhance communication and trust and have a deeper understanding of each other's interests." Gong Baihua said.

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