Based on:

The trade surplus indicates an increase in foreign exchange reserves. Some experts and scholars believe that China's huge trade surplus is not good for China's economic development. Although the increasing trade surplus has played a positive role in stimulating economic growth and increasing foreign exchange reserves, it will also trigger new trade frictions and bring uncertainty to economic growth;

Excessive foreign exchange reserves brought by the surplus will also increase the pressure of RMB appreciation and financial risks. The huge trade surplus has a deeper impact, which will aggravate China's dependence on foreign trade and is not conducive to the transformation of foreign trade growth mode.

(Introduction to information about trade surplus):

Trade surplus is also called "trade surplus". The phenomenon that exports of various countries or regions exceed imports in a certain period of time. Generally speaking, a country's foreign trade is in a favorable position.

Trade surplus ("trade surplus", or "trade surplus"). The so-called trade surplus means that the total export trade of a country is greater than the total import trade in a particular year, which is also called "surplus". Trade surplus means that within a certain unit time (usually calculated on an annual basis), both trading parties buy and sell various commodities and import and export each other. The export amount of Party A is greater than that of Party B, or the import amount of Party A is less than that of Party B. ..

The difference between the two, for Party A, is called trade surplus; On the contrary, for Party B, it is called trade deficit. More trade surplus is not necessarily a good thing, too high trade surplus is a dangerous thing, which means that economic growth is too dependent on foreign countries.

Reference link: Baidu Encyclopedia: Trade surplus