Facing the complex and severe external environment, China's trade in services insists on innovation and development, demonstrates the vitality of opening up, and continues to improve its international competitiveness. News from the 2023 Service Trade Fair: Last year, China's total service imports and exports reached US$889.1 billion, a year-on-year increase of 8.3%, ranking second in the world for nine consecutive years. From "Made in China" to "Service in China", my country's economy has gone out of the "acceleration" of kinetic energy conversion.
According to the "China Service Trade Development Report 2022" compiled by the Ministry of Commerce, the scale of China's service import and export has hit a record high, the scale of offshore service outsourcing has steadily expanded, and the effect of transformation and upgrading has been obvious. According to the report, China's service trade has become an important force to promote foreign trade growth, build a new development pattern, and cultivate new advantages in international cooperation and competition.
In recent years, more than 1,100 pilot policies and measures have been introduced in the comprehensive pilot program of expanding and opening up of the national service industry; the pilot program of comprehensively deepening the innovation and development of trade in services has expanded to 28, and a total of 2,883 pilot tasks and measures have been promoted and implemented; foreign investment access has been continuously revised Negative list, cancellation or relaxation of access restrictions in the service sector... The service industry and service trade give full play to the role of the "experimental field" of reform and opening up, and have increasingly become a new driving force for deepening opening up.
Wang Shouwen, International Trade Negotiator and Vice Minister of the Ministry of Commerce, said that in the first half of this year, my country's service industry accounted for 56% of GDP and contributed 66% to economic growth. 70%. "We must insist on promoting high-quality development with a high level of opening up, and commit to working with all countries to promote an open and shared service economy."
With the accelerated innovation of technologies such as big data, cloud computing, Internet of Things and artificial intelligence, China's trade in services has accelerated its digital transformation. Nowadays, new formats and services such as digital culture, digital finance, Internet medical care, online education, and smart logistics are constantly emerging, greatly expanding the application scenarios of the service industry. In 2022, digitally deliverable service exports will exceed US$210 billion, accounting for more than 50% of service exports.
The world economy prospers when it is open, and declines when it is closed. The innovative development of service trade has been on the way. "The Ministry of Commerce will promote joining more international economic and trade agreements such as CPTPP ("Comprehensive and Progressive Trans-Pacific Partnership Agreement") and "Digital Economic Partnership Agreement", and benchmark international high-standard economic and trade rules. The pilot free trade zone and the Hainan Free Trade Port will be the first to try, and guide foreign capital to increase investment in energy conservation, environmental protection, R&D and innovation, and work together to promote global trade, economic opening, and inclusive growth." Wang Shouwen said.
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