Ｂａｌａｎｃｉｎｇ ｔｈｅ Ｕｎｂａｌａｎｃｅ

In order to rein in the ex-cessively rapid growth in export and the widening trade surplus， the Chinese government has made a series of measures，such as the adjustment in export rebate andtariff upon some products， the change in theprocessing trade policies， and the amendmentin former export-encouraging regulations.

These measures have helped put a clamp onthe export of some resource dependent productswith high energy consumption and high pollu-tion to some extent. Since June， the governmenthas adjusted its foreign trade policies， includingadding export tariff， canceling or lowering theexport rebate， restricting more processing trade.As a result， China's export growth began toslow down while its import growth kept stableand tended to go up in August. The macro-control of foreign trade has started to pay off.

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