<p>The trade deficit between India and China in April-June this fiscal year fell to $5.48 billion as compared to $13.1 billion in the same period last year, Parliament was informed on Wednesday.</p>.<p>In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries too dipped to $16.55 billion during the first three months of 2020-21 as against $21.42 billion in the same period last year.</p>.<p>"Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China," he said.</p>.<p>In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.</p>.<p>Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to Rs 81,481 crore during April-August, 2020 as against Rs 1,30,129 crore in the same period of 2019-20.</p>.<p>"However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to the corresponding period of previous year," he added. </p>
<p>The trade deficit between India and China in April-June this fiscal year fell to $5.48 billion as compared to $13.1 billion in the same period last year, Parliament was informed on Wednesday.</p>.<p>In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries too dipped to $16.55 billion during the first three months of 2020-21 as against $21.42 billion in the same period last year.</p>.<p>"Government has consistently taken steps to balance our trade with China by increasing our exports to China and reducing our dependence on imports from China," he said.</p>.<p>In a separate reply, the minister said at present, about 550 tariff lines (or products) are under the restricted/prohibited category for imports under the Foreign Trade Policy. Imports of these products are restricted from all countries, including China.</p>.<p>Replying to a separate question, he said merchandise exports from special economic zones (SEZs) dipped to Rs 81,481 crore during April-August, 2020 as against Rs 1,30,129 crore in the same period of 2019-20.</p>.<p>"However, services exports have shown a growth of 9 per cent during April to August 2020 in comparison to the corresponding period of previous year," he added. </p>