(2020 Service Trade Fair) Xi Jinping Service Trade Fair puts forward a "three-point initiative" to inject confidence in the recovery of the world economy

　　China News Service, Beijing, September 5th, title: Xi Jinping Service Trade Association put forward the "three-point initiative" to inject confidence in the recovery of the world economy

　　China News Agency reporter Liang Xiaohui Zhang Su

　　On the 4th, Chinese President Xi Jinping delivered a speech at the 2020 China International Trade Fair in Services Global Service Trade Summit, and put forward three proposals on open cooperation in the service industry.

Observation points out that Xi Jinping’s initiatives and a series of practical measures taken by China demonstrate China’s determination to continue reform and opening up and inject confidence in the recovery of the world economy.

　　Boost confidence in the world economy

　　In his speech, Xi Jinping said that at present, the global epidemic has not yet been fully controlled, and all countries are facing the arduous task of fighting the epidemic, stabilizing the economy, and protecting people's livelihood.

"Under this background, China has overcome many difficulties and organized such a major international economic and trade event to work with everyone to overcome the difficulties, jointly promote the development and prosperity of global service trade, and promote the rapid recovery of the world economy."

　　Observations believe that, as the world’s second largest economy, after China took the lead in controlling the epidemic and resuming work and production, holding this session of the Service Trade Fair with the theme of "Global Services, Mutual Benefits and Sharing" as scheduled is a kind of world economy. Confidence boosted.

　　Chai Xiaolin, Director of the Department of Service Trade and Investment of the World Trade Organization, pointed out that during the epidemic, China played a key role in international cooperation against the epidemic and contributed to the normal operation of global value chains.

"China's ability to hold such a conference shortly after the epidemic itself demonstrates China's sincerity in opening up and the importance it attaches to international cooperation."

　　Rong Ying, vice president of the China Institute of International Studies, said: “At a difficult time when the global epidemic is still severe and the world economy is in recession, the Service Trade Fair has not only shown China’s confidence, but also won the global fight against the epidemic and promoted economic recovery. power."

　　Chen Fengying, a researcher at the Institute of World Economics at the China Institute of Modern International Relations, believes that at the moment, the Service Trade Council has shown to the world that the epidemic is controllable and that China is willing to share with the international community the experience of trade promotion, resumption of work and production; It will actively promote the development of service industries and service trade in various countries and contribute to the recovery of the global economy and trade development.

　　Re-explain the determination to expand opening up

　　In his speech, Xi Jinping put forward three initiatives on open cooperation in the service industry, including jointly creating an open and inclusive cooperation environment, jointly activating innovation-led cooperation momentum, and jointly creating a mutually beneficial and win-win cooperation situation.

　　In particular, he pointed out that throughout the history of human social development, the world economy has prospered when it is open, and it has declined when closed, and once again said: China will unswervingly expand its opening up.

　　Wang Yiwei, a professor at the School of International Relations of Renmin University of China and an expert on the Expert Committee of the China Council for the Promotion of International Trade, believes that the three-point proposal is based on three aspects: "starting point, process and result", and the core word is open.

　　"Now there are noises such as'decoupling' and'de-sinicization' of global supply chains in the world, which are actually protectionist practices that stand on the opposite side of openness and mess up the value chain and supply chain of the global economy." Wang Yiwei pointed out. In this context, China’s emphasis on opening up is to grasp the law of development of the world economy, and continue to emphasize mutual benefit and win-win results, "not to start anew, not exclusive, but leading."

　　Chen Fengying paid special attention to Xi Jinping's statement that "countries are striving to reduce'on the border' and'behind the border' barriers that restrict the flow of factors."

She said that the so-called "post-border" barriers are trade barriers that countries can easily form in terms of policies. China has been optimizing this with practical actions, including reducing tariffs, actively expanding imports, and further reducing the negative list of foreign investment access. The measures are China's actual measures to reduce barriers, guided by opening up.

　　In the three-point initiative, Xi Jinping further promised that China will establish and improve the cross-border service trade negative list management system, promote the construction of an open platform for the innovative development of service trade, continue to relax the service industry market access, and actively expand the import of high-quality services.

　　Chen Fengying pointed out that "the three-point proposal put forward by the Council of Trade in Services and Xi Jinping is another latest practical action for China to expand its opening up."

　　Create a new pattern of high-level reform and opening up

　　In his speech, Xi Jinping proposed to support Beijing in building a comprehensive demonstration zone for expanding and opening up the national service industry, exploring more replicable and popularizing experiences; building a high-level open platform for coordinated development of Beijing-Tianjin-Hebei, and driving the formation of a new pattern of higher-level reform and opening up.

This has become a highlight of the outside world.

　　Wang Yiwei believes that the use of the capital Beijing and surrounding areas as a starting point to improve the level of service trade indicates that China's new round of reform and opening up is moving towards higher quality.

He took China’s three major exhibition platforms as an example. The Canton Fair focuses on traditional goods trade. The CIIE is an important symbol of China’s transition from an exporting country to a balanced import and export country. “Now we are shifting from trade in goods to trade in services, or The Service Trade Fair is the logo".

　　Some observations believe that China's promotion of trade in services by China's trade in services will conform to the trend of world economic development in the short and long term.

　　Statistics show that the service industry currently accounts for 65% of global GDP.

At the same time, two-thirds of employment in developing countries and four-fifths of employment in developed countries come from service industries.

Although the new crown pneumonia epidemic has had an impact on traditional trade, it also shows the advantages of the service industry, especially online services, including online retail, healthcare, education, telecommunications, and entertainment.

　　Rong Ying believes that actively promoting the development of the service industry and creating favorable conditions for service trade will become the key to countries coping with the economic downturn and achieving economic recovery.

China has realized this, and the service trade will be promoted to enhance the level of service trade, which will help accelerate the recovery of the global economy.

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