China trade surplus may fall to zero or below in two years

In the first 10 months this year,the trade surplus narrowed by 15.4 per cent year-on-year to 124.02 billion,with the surplus in October plunging by 36.5 per cent to 17.03 billion,data with the General Administration of Customs shows. By then,I will be more worried about the devaluation issue of the renminbi,or yuan, Xinhua news agency quoted Li.

However,he said there are still reasons to remain optimistic with regard to dealing with a shrinking trade surplus,as domestic consumption was on the rise. For example,the contribution of household consumption to GDP growth has followed an upward trend since 2008.