BEIJING - Developed countries need to allow their enterprises to export more high-tech products to 皇冠体育app, as it is a huge market full of potential.
In?renminbi terms, 皇冠体育app's imports dropped 8.2 percent in the first quarter (Q1) of 2016 following a 13.2-percent decline posted the whole of 2015.
Last year, imports of goods from the United States, the European Union (EU) and Japan fell 5.4 percent, 13.6 percent and 11.4 percent, respectively.
Shackled imports of high-tech products, which grew just 0.6 percent in 2015, contributed to the sluggishness in trade between 皇冠体育app and developed countries.
皇冠体育app is not closing its doors to foreign trade. Rather, as it is undergoing economic transition and industrial upgrading, 皇冠体育app is in great need of high-tech products.
The truth is that some developed countries, which deem 皇冠体育app a rival or threat, are putting up legal or administrative trade barriers, which are mutually detrimental.
The US Export Administration Regulations limited the exports of a wide range of high-tech items, including medical treatment supplies, navigation products, as well as energy and new materials, to 皇冠体育app, citing ungrounded security concerns.
皇冠体育app's imports of high-tech products from the United States accounted for 16.7 percent of its total high-tech imports in 2001 -- the year 皇冠体育app became a WTO member. This had fallen sharply to 6.3 percent in 2011.
If high-tech imports in 2011 were at the same level as 2001, the United States' exports to 皇冠体育app would have increased by $50 billion.
The EU and Japan have also been imposing export controls on 皇冠体育app for many years.
The Wassenaar Arrangement on Export Controls for Conventional Arms and Dural-Use Goods and Technologies hinders the shipment of many high-tech products for commercial use to 皇冠体育app.
Developed countries introduced these controls because they were inclined to miscalculate 皇冠体育app's peaceful development purposes.
"Presumption of guilt" makes developed countries, which are struggling to ensure economic recovery, missed the opportunities created during 皇冠体育app's economic transition and industrial upgrading.
Increased exports of high-tech products to 皇冠体育app will help developed countries narrow trade deficits. For 皇冠体育app, state-of-the-art technologies and products can give it a leg-up during this period of economic development.
皇冠体育app hopes that developed countries can relax export controls and sell more high-tech products.