China News Service, August 27th. Wang Bingnan, Vice Minister of Commerce, revealed on the 27th that the added value of my country’s service industry reached 29.6 trillion yuan in the first half of this year, and its share of GDP increased from 54.5% last year to 55.7%. The high-quality development of trade provides strong industrial support.

  On the 27th, the State Council Information Office held a press conference on the development of China's trade in services and the progress of the preparations for the 2021 Trade in Services Conference.

At the meeting, Vice Minister of Commerce Wang Bingnan introduced the special significance of running this year’s Service Trade Fair:

  The first is an important measure to accelerate the construction of a new development pattern.

At present, my country's ultra-large-scale market advantages have been further strengthened.

In the first half of this year, the added value of my country's service industry reached 29.6 trillion yuan, and its share of GDP increased from 54.5% last year to 55.7%, providing strong industrial support for the high-quality development of service trade.

Holding the service trade will better promote the domestic and international dual cycle, activate the growth momentum of service trade, and help accelerate the construction of a new development pattern.

  The second is to further expand the important platform for opening up the service sector.

my country has reduced the negative list of foreign investment access for four consecutive years, introduced the Hainan Free Trade Port’s cross-border service trade negative list, and the "Regional Comprehensive Economic Partnership Agreement" was officially signed. On the basis of its original commitment to open 100 service sectors in the WTO, my country , 22 new service departments have been promised, and the door of China's opening up is opening wider and wider.

The Service Trade will focus on the service industry and service trade, gather the consensus of all parties to promote the open development of service trade, and take pragmatic actions to create new opportunities for open development.

  The third is an important starting point for accelerating the recovery and growth of service trade.

At present, countries are still facing the arduous task of fighting the epidemic and stabilizing the economy. At the same time, the rapid development of remote services and contactless economy has injected new vitality into the world economy.

The Service Trade Fair makes full use of digital technology and is held in a combination of online and offline methods. It simultaneously promotes screen-to-screen and face-to-face corporate exchanges and negotiations, helps companies explore business opportunities in various ways, hedges against the impact of the epidemic, and fully demonstrates economic digitalization, networking, and Great potential for intelligent development.

Keywords: