Service trade will convey China's confidence, openness and...

Time: 2022-01-17 | Release: BETA | Browse:984

Over the past 40 years of reform and opening up, international trade has played a significant role in the development of China's economy and society, and has also experienced a shift from export-oriented to import expansion. From the development of the Canton Fair for more than 60 years to the fruitful results of the two "Fair", coupled with the continuous upgrading of the service trade fair, all witnessed the upgrading of China's consumption structure. Under the impact of the epidemic, China has been in a more open posture to continue to inject confidence and vitality into international trade.

Xi said, "China will unswervingly expand its opening to the outside world, establish and improve the negative list management system for cross-border trade in services, promote the construction of a pilot open platform for the innovative development of trade in services, continue to liberalize market access in the service sector, and take the initiative to expand imports of quality services." "China is willing to deepen trade and investment cooperation in services with other countries, promote trade and investment liberalization and facilitation, and promote economic globalization in the direction of more open, inclusive, inclusive, balanced and win-win development." It can be seen that such a positive message, the current international trade environment to form a strong support.

In recent years, the trade in services will continue to improve the quality and upgrade, expand the exhibition scale, enhance the level of internationalization, to create a more professional docking platform for the national trade in services strategy. To make service trade bigger and stronger is the grasp of deepening reform and opening up. While China's foreign trade has made great achievements in reform and opening up, we should also see that there is still huge room for improvement in trade in services. The Global Trade Report 2019 points out that from 2005 to 2017, world trade in services grew faster than trade in goods, with an average annual growth of 5.4%. The central government's proposals for the 13th Five-Year Plan clearly set out clear requirements for the opening up of trade in services, such as promoting the opening up of the financial, education, medical and cultural services sectors, and liberalizing foreign investment access in the fields of medical and pensions, architectural design, accounting and auditing, double-bagging logistics and e-commerce.

It is worth mentioning that, along with the fourth industrial revolution and the fifth technological revolution, 5G has become the "high point" of the economic game of major countries and triggered the reshaping of the global industrial chain and the change of the value chain. In the international 5G market competition, China is in a leading position. Since the 2018 Fair, China has been focusing on upgrading import and export trade, and in the process of increasing trade in services, it has paid more attention to the development of data, which is based on the vigorous development of 5G technology.

Translated with www.DeepL.com/Translator (free version)

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