Seeking Truth: Actively promote balanced development of imports and exports.

The commentary article in "Seeking Truth" points out that the scale of exports is not necessarily better if it is larger, and the blind pursuit of expanding exports and trade surpluses can bring about potential risks that cannot be ignored for economic development. Internally, excessive resources leaning towards the export sector will to a certain extent squeeze the development space of industries related to domestic demand, restrict the transformation of development modes and the cultivation of endogenous driving forces; externally, the larger the proportion of exports in the economy, the more likely the economy will be affected by fluctuations in the international market, and long-term surpluses are also prone to becoming the target of trade protectionism, causing economic and trade frictions and bringing unstable factors to economic development. Particularly, the endogenous characteristics of the economy of a large country like China determine that the export-oriented model relied upon in the outward accumulative stage is unsustainable, and promoting balanced trade development is an inevitable trend.