Core Insights - China's President Xi Jinping emphasized the importance of global cooperation in service trade during the 2025 China International Service Trade Fair, aiming to enhance the open world economy and contribute to building a community with a shared future for mankind [1] Group 1: Service Trade Performance - In the first half of this year, China's total service trade import and export reached 3.9 trillion yuan, a year-on-year increase of 8% [1] - Service exports amounted to 1.7 trillion yuan, growing by 15%, with service exports accounting for 11.5% of total foreign trade exports, an increase of 0.7 percentage points compared to the same period last year [1] - The growth in service trade is attributed to stable performance in traditional sectors like transportation and travel services, as well as contributions from emerging sectors such as knowledge-intensive services [1] Group 2: Innovation and Development Trends - The theme of this year's fair, "Digital Intelligence Leading, Service Trade Renewed," aligns with global trends towards digitalization, intelligence, and sustainability in service trade [2] - The fair highlighted five key features: international participation, technological empowerment, authoritative releases, service branding, and interactive experiences, focusing on the application of new technologies [2] - The development of service trade relies on both external environments and internal conditions, with major economies experiencing rapid growth in service trade and domestic sectors like travel services expected to grow quickly [2] Group 3: Policy and Institutional Support - China's high-level opening-up provides institutional guarantees for service trade development, with the country's status as a manufacturing and goods trade powerhouse benefiting service trade growth [2] - The establishment of bilateral e-commerce cooperation mechanisms with multiple countries enhances international cooperation in service and digital trade [2] - Continuous policy support and measures to promote service exports are expected to optimize the development environment through fiscal, financial, and facilitation aspects [2] Group 4: Future Directions - To sustain high-quality development in service trade, there is a need to expand openness and deepen innovation, ensuring the implementation of various policy measures [3] - The integration of "artificial intelligence + service trade" is crucial for advancing service trade towards higher-end and intelligent directions [3] - Utilizing various service trade open platforms and fostering innovation in service sectors will enhance the overall development level of China's service trade [3]
创新发展提升服务贸易竞争力
Jing Ji Ri Bao·2025-09-10 22:13