International trade is necessary for the U.S.

China has participated in and helped push forward the reform of the global economic governance mechanism. The Chinese government actively advocates a "balanced, inclusive and mutually beneficial" multilateral trade system, and strives to establish a fair and equitable new international economic and trade order. As a large developing country with a rapidly growing economy, China plays an active role in the G20 and BRICs summits, Doha Round talks, and other international dialogue and cooperation mechanisms. China does its best to assume international responsibilities that suit its development level and strength. China continuously consolidates its cooperation with emerging countries in the fields of economy, finance, trade and investment, and works toward an equitable and rational international economic order that benefits all countries.

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International trade occurs because no single country has the resources to produce everything well.

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China takes proactive initiatives to participate in and promote regional economic integration. By the end of 2010 China had held 15 rounds of negotiations on free trade or closer economic partnership arrangements with 28 countries and regions on five continents, and signed and implemented 10 free trade agreements or closer economic partnership arrangements. Currently five free trade agreement talks are under way. China advocates the establishment of an East Asia free trade zone. In 2010 the total volume of bilateral trade in goods between China and its trade partners in its ten free trade agreements or closer economic partnership arrangements (ASEAN, Pakistan, Chile, Singapore, New Zealand, Peru, Costa Rica, Hong Kong SAR, Macau SAR and Taiwan) reached US$782.6 billion, accounting for over a quarter of the country' s total import and export volume.

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China's trade with emerging economies and developing countries is experiencing robust growth, with huge development potential. With the comprehensive implementation of the China-ASEAN Free Trade Agreement in 2010, tariffs have been cancelled for 90% of the commodities traded between them, vigorously promoting the rapid growth of bilateral trade between China and ASEAN. The free entry of specialties and competitive products into each other' s market suits the various needs of the two sides. Foreign trade between China and Republic of Korea keeps growing constantly and steadily. Bilateral investment and economic cooperation also present broad prospects. China' s trade with the other BRIC countries has been enjoying rapid growth in recent years, which promotes the development of the member countries' respective advantageous industries and shows the broad development prospects of emerging markets. In recent years China has seen relatively fast growth in its trade with other developing countries, further development of trade with its historical trading partners in the Arab world, broadening areas of economic and trade cooperation with Latin American countries, and bilateral trade with African countries, which gives full play to the complementary advantages of the two sides' resources and economic structures.

Money or international trade to be more specific certainly plays a major role, among the relationships that nations form.
International trade is defined as trade between two or more partners from different countries in the exchange of goods and services.

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- Creating a level playing field. China has striven to provide a flexible, fair and stable market for domestic and international enterprises by establishing and improving the legal system and the law-enforcement and supervisory mechanism for fair trade, and curbing and cracking down on unfair practices in foreign trade operations, such as infringement of rights, dumping, smuggling and disruption of the market order. Following domestic laws and international trade rules, China has strengthened its efforts in monitoring and early warning, and adopted measures such as trade remedy and antitrust investigation to correct the unfair practices of its trade partners, and to safeguard the legitimate rights and interests of domestic industries and enterprises. Facing the international financial crisis, China worked hand in hand with the international community to firmly oppose all forms of trade protectionism, strictly adhered to relevant WTO rules, and treated domestic and foreign products equally while carrying out the stimulus plan, promoting fair competition between domestic and foreign enterprises.

Very few countries are able to sustain themselves without indulging in intensive international trade.

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I also believe that engaging in international trade has an advantage because it ..

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The fact that China is enjoying a surplus in trade in goods reflects its position in the international division of labor at the current stage. China has now relatively big advantages in the processing and assembling of industrial products, and is the largest producer and exporter of industrial products. The United States, European Union and some other countries and regions are the major end consumer markets. With the transfer of large numbers of labor-intensive processing and assembling sectors to China from Japan, Republic of Korea, Singapore, Taiwan, Hong Kong SAR and other nations and regions, their surpluses with the United States and Europe were also transferred to China. The result is that while China is currently enjoying a surplus in trade in goods primarily with the United States and Europe, it also has long-term trade deficits with Japan, Republic of Korea, ASEAN and other major intermediate producers. In 2010 China's surpluses in trade in goods with the United States and the European Union were 181.3 billion U.S. dollars and 142.8 billion U.S. dollars, respectively, and its total deficit in trade in goods with Japan, Republic of Korea and ASEAN was 141.6 billion U.S. dollars. The deficit in trade in goods between China's mainland and Taiwan reached 86 billion U.S. dollars. To produce and export industrial products, China needs to import large quantities of primary goods, thus creating a deficit in trade in goods with certain exporters of primary goods. It is the country's different level and status of participation in the international division of labor in manufacturing and the services industry that leads to China's big surplus in trade in goods but a long-term deficit in services trade.