My Country Will Comprehensively Deepen The Pilot Program For Innovative Development Of Trade in Services And Formulate A National Negative List Of Cross-border Trade in Services

Sep 09, 2021

A few days ago, at the press conference of the State Council Information Office, the relevant person in charge of the Ministry of Commerce stated that my country's service trade has been the first to resume growth in the world.


According to statistics from relevant international organizations, last year the global trade in services fell by 19.8% year-on-year, and the loss of tourism alone exceeded US$1 trillion. However, in the long run, the epidemic has also greatly accelerated the digitization process of service trade, and brought new opportunities for the structural adjustment of service trade and the development of new types of service trade.


Vice Minister of Commerce Wang Bingnan stated that my country will comprehensively deepen the pilot service trade innovation and development, deepen the reform of decentralization and service, cancel or relax market access in auctions, franchising and other fields, and promote funds, technology, and personnel related to trade in services. The cross-border flow of elements. Continue to relax market access for the service industry and promote the expansion of key service areas; formulate a national negative list of cross-border service trade to improve the level of institutional openness of cross-border service trade.