Core Viewpoint - The Ministry of Commerce and nine other departments have issued policies to promote service exports, highlighting the growth and potential of China's service export sector, while also addressing the need for improved international market development capabilities among service enterprises [1][2]. Group 1: Policy Measures - The new policy measures include 13 practical initiatives aimed at enhancing service exports, focusing on fiscal, financial, facilitation, and international market development aspects [1][2]. - The measures are characterized by being more detailed, with specific support for digital services, high-end design, research and development, and supply chain services [1][2]. - The policies also aim to optimize the service export tax refund process and improve the efficiency of fund settlement for small and frequent transactions between domestic and foreign enterprises [2]. Group 2: Support and Implementation - The policies emphasize targeted support, such as increasing export credit insurance coverage and enhancing financial services for small and micro enterprises [2]. - The Ministry of Commerce plans to work with relevant departments to ensure the effective implementation of these measures, aiming to boost the international competitiveness of China's service export enterprises [2].

Core Viewpoint - The Chinese government has introduced comprehensive policy measures to promote service exports, aiming to enhance support and investment in the sector, thereby boosting its growth potential. Group 1: Policy Measures - The Ministry of Commerce and other nine departments released 13 specific measures to support service exports, including encouraging insurance companies to increase support for service exports [1][2]. - The policy emphasizes the role of the Service Trade Innovation Development Guidance Fund in attracting more social capital into service and digital trade sectors [1]. - The measures include optimizing the zero tax rate declaration process for service exports by promoting electronic information platforms to improve efficiency [1]. Group 2: Export Credit Insurance - The policy encourages export credit insurance companies to expand their coverage in areas such as transportation, maintenance, and internet advertising, while enhancing underwriting capabilities and claims service quality [2]. - It aims to improve the precision of export credit insurance policies through better information sharing and guidance for service trade enterprises [2]. - The measures also focus on increasing financial services for small and micro enterprises, enhancing the convenience of insurance services [2]. Group 3: Customs and Financial Management - The policy proposes support measures for the bonded supervision system, simplifying approval processes for research and testing imports in comprehensive bonded zones [3]. - It encourages the integration of cross-border fund management for multinational companies, facilitating internal fund allocation for service enterprises [3]. - The measures aim to enhance the convenience of cross-border fund settlement for service trade, guiding banks to optimize procedures for compliant enterprises [3]. Group 4: Service Trade Growth - Service trade in China shows strong growth potential, with total service trade imports and exports reaching 45,781.6 billion yuan in the first seven months of the year, a year-on-year increase of 8.2% [4]. - Service exports amounted to 19,983 billion yuan, growing by 15.3%, which is 8 percentage points faster than the growth rate of goods exports during the same period [4].

Core Viewpoint - The article emphasizes the importance of accelerating the development of service trade as a crucial measure to expand high-level opening-up and cultivate new momentum for foreign trade, presenting 13 specific policy measures to support service exports and promote high-quality development in service trade [2]. Group 1: Financial Support and Investment - Utilize existing central and local funding channels to support new service export models such as digital services, high-end design, and green services [3]. - Enhance the role of the Service Trade Innovation Development Guidance Fund to attract more social capital into service trade and digital trade [4]. Group 2: Tax and Insurance Support - Optimize the service export zero tax rate declaration process to improve efficiency through electronic information platforms [5]. - Increase support from export credit insurance companies to provide comprehensive risk protection for service exports [6][8]. Group 3: Regulatory and Operational Improvements - Improve the supervision system for bonded areas to facilitate research and testing businesses [9]. - Enhance cross-border personnel mobility and inbound consumption by optimizing visa policies for foreign investors and high-level talents [10]. Group 4: Financial Management and Settlement - Promote the integration of cross-border fund management for multinational companies to facilitate internal fund allocation [11]. - Enhance the convenience of cross-border fund settlement for service trade, especially for small and frequent transactions [12]. Group 5: Intellectual Property and Data Management - Encourage the transformation and transaction of intellectual property by improving valuation and transaction systems [13]. - Develop a framework for the cross-border flow of important data, including the establishment of a negative list for data exit in free trade zones [14][15]. Group 6: International Market Expansion - Support enterprises in exploring international markets by providing legal support and enhancing participation in international trade exhibitions [17].

Core Viewpoint - The Ministry of Commerce, in collaboration with eight other departments, has issued a set of 13 policy measures aimed at promoting service exports, providing comprehensive policy support for the sector [1] Group 1: Financial Support and Investment - Utilize existing central and local funding channels to support new service export models, including digital services, high-end design, and green services [2] - Enhance the role of the Service Trade Innovation Development Guidance Fund to attract more social capital into service and digital trade [3] Group 2: Tax and Insurance Support - Optimize the zero tax rate declaration process for service exports to improve efficiency through electronic information platforms [4] - Increase support from export credit insurance companies to cover a wider range of service export areas, enhancing risk management and claims services [5][6] Group 3: Regulatory and Operational Improvements - Improve the bonded supervision system for R&D and testing businesses within comprehensive bonded zones [7] - Facilitate cross-border personnel movement and consumption by optimizing visa policies for foreign investors and high-level talent [8] Group 4: Financial Transactions and Knowledge Management - Advance cross-border capital flow management and enhance the convenience of cross-border fund settlement for service trade [9][11] - Encourage the transformation and transaction of intellectual property by improving valuation and financing services [12] Group 5: Data and Market Expansion - Promote and regulate cross-border data flow, supporting companies in using networks for international trade and research [13] - Support enterprises in exploring international markets by providing legal support and enhancing participation in international trade exhibitions [15]