Core Viewpoint - Accelerating the development of service trade is crucial for expanding high-level opening-up and cultivating new momentum for foreign trade development. Recent policies aim to enhance service exports and promote high-quality development in service trade [1][3]. Group 1: Policy Measures - The newly issued policies include utilizing funding channels and improving bonded supervision systems to boost service exports [1]. - Specific measures target financial and tax support, enhancing precision and effectiveness in promoting service export new business models and green services [1][2]. Group 2: Investment and Funding - The Service Trade Innovation Development Fund, approved by the State Council, plays a significant role in driving service trade innovation and has invested 93 billion yuan in 47 sub-funds and 25 direct projects as of May last year [2]. - The fund has invested in 538 enterprises, totaling 424 billion yuan, demonstrating its capacity to leverage social capital for service trade development [2]. Group 3: Taxation and Efficiency - Implementing a zero tax rate for service exports encourages expansion, with the new policies optimizing the application process for this tax exemption [2]. - The focus is on streamlining tax filing procedures and enhancing inter-departmental collaboration to improve efficiency in service export tax refunds [2]. Group 4: Overall Impact - Strengthening the collaboration among financial, regulatory, and tax policies is expected to enhance the international competitiveness of service export enterprises, indicating a positive outlook for China's service trade [3].

Core Viewpoint - The Chinese government, through nine departments, has released a set of 13 policy measures aimed at promoting service exports, which is seen as a crucial step in expanding high-level foreign trade and fostering new growth drivers in foreign trade [2][3]. Group 1: Financial Support and Investment - Utilize existing central and local funding channels to actively support service exports, particularly in new service models such as digital services, high-end design, and environmental consulting [3][10]. - Enhance the role of the Service Trade Innovation Development Fund to increase investment in service trade and digital trade, encouraging more social capital to enter these sectors [10]. - Optimize the zero tax rate declaration process for service exports by promoting electronic information to replace paper documentation, thereby improving efficiency [11]. Group 2: Insurance and Risk Management - Increase support from export credit insurance companies for service exports, expanding coverage and improving claims service quality [4][12]. - Improve the precision of export credit insurance policies by enhancing information sharing with insurance institutions and providing better financial services to small and micro enterprises [5][13]. Group 3: Regulatory and Operational Improvements - Implement supportive measures for customs supervision in comprehensive bonded zones, simplifying approval processes for imported goods needed for research and testing [6][14]. - Facilitate cross-border personnel movement and inbound consumption by optimizing visa policies for foreign investment enterprises and high-level talent [7][15]. - Enhance cross-border fund flow management by supporting service enterprises in joining multinational corporate cash pool pilot programs [8][16]. Group 4: Knowledge and Data Management - Encourage the transformation and transaction of intellectual property by improving valuation and transaction systems, and promoting collaboration with third-party assessment institutions [9][18]. - Promote and regulate cross-border data flow by establishing important data directories and guidelines, while supporting enterprises in using networks for international trade [19][20]. Group 5: Market Expansion Support - Support enterprises in exploring international markets by providing legal support and enhancing participation in domestic and international exhibitions [21][22].

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 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 development [2]. Group 1: Financial Support and Investment - The government encourages the use of existing central and local funding channels to support new service export models, including digital services, high-end design, and green services [3]. - The article highlights the role of the Service Trade Innovation Development Guidance Fund in increasing investment in service trade and digital trade, while revising relevant guidance directories [4]. Group 2: Tax and Insurance Measures - There is a focus on optimizing the zero tax rate application process for service exports, promoting electronic information to replace paper documents to enhance efficiency [5]. - The article discusses increasing support from export credit insurance companies for service exports, expanding coverage, and improving claims service quality [6][7]. Group 3: Regulatory and Operational Improvements - The article outlines measures to improve the supervision of bonded areas, simplifying approval processes for imported goods necessary for research and testing [8]. - It also mentions optimizing cross-border personnel mobility and entry consumption policies to facilitate foreign investment and talent [9]. Group 4: Financial Management and Settlement - The government plans to promote integrated currency pools for multinational companies, allowing service enterprises to join these pools for easier fund allocation [10]. - There is an emphasis on enhancing the convenience of cross-border fund settlement for service trade, encouraging banks to streamline procedures for compliant enterprises [11]. Group 5: Intellectual Property and Data Management - The article encourages the transformation and transaction of intellectual property, improving evaluation and financing services related to patents [12]. - It discusses the promotion of cross-border data flow, establishing operational guidelines for important data and supporting international trade and research [13]. Group 6: Market Expansion Support - The government aims to support enterprises in exploring international markets by providing legal support and enhancing participation in international trade exhibitions [15].

Core Points - The Ministry of Commerce and nine other departments issued a notice on September 24 to promote service exports, outlining 13 policy measures aimed at enhancing service trade and supporting various new service export models [1][2]. Group 1: Policy Measures - The notice emphasizes the utilization of existing funding channels to support service exports, particularly in digital services, high-end design, research and development, and green services [1]. - It aims to optimize the zero tax rate declaration process for service exports and increase the precision of export credit insurance policies [1]. - The measures include improving customs supervision systems and facilitating cross-border personnel movement and inbound consumption [1]. Group 2: Data and Talent Policies - The notice proposes to optimize visa policies for foreign investment enterprises, researchers, and high-level talent coming to China, including expanding the scope of visa-free policies [2]. - It also includes the development of an important data directory and guidelines for data identification, as well as adjustments to the negative list for data export in free trade zones [2]. - The support for cross-border transmission of personal information within multinational companies is also highlighted, allowing for easier internal data flow [2].

Core Viewpoint - The Ministry of Commerce and nine other departments have issued a notice on promoting service exports, emphasizing the importance of developing service trade as a means to expand high-level opening-up and cultivate new momentum for foreign trade [3]. Group 1: Policy Measures - The notice outlines 13 specific measures to enhance service exports and promote high-quality development in service trade [3]. - It encourages the use of existing central and local funding channels to support new service export models, including digital services, high-end design, and green services [4]. - The notice highlights the need to enhance the role of the Service Trade Innovation Development Guidance Fund to attract more social capital into service and digital trade sectors [5]. Group 2: Export Support Mechanisms - The notice proposes optimizing the zero tax rate declaration process for service exports to improve efficiency [6]. - It calls for increased support from export credit insurance companies to provide comprehensive risk protection for service exports [8]. - The document emphasizes the need for precise export credit insurance policies to better serve small and medium-sized enterprises [9]. Group 3: Cross-Border Facilitation - The notice aims to facilitate cross-border personnel movement and improve visa policies for foreign investors and high-level talent [10]. - It encourages the optimization of cross-border capital flow management and the enhancement of cross-border payment convenience for service trade [10]. - The document supports the establishment of international data centers and cloud computing centers in designated areas to provide data processing services [12][13]. Group 4: Intellectual Property and Data Management - The notice promotes the transformation and transaction of intellectual property, including the establishment of a value assessment and transaction system [11]. - It outlines measures for the cross-border flow of important data, including the development of an important data directory and operational guidelines [11]. - The document supports the exploration of international data service business development in specific regions [13].

Core Viewpoint - The article discusses the recent notification issued by the Ministry of Commerce and nine other departments regarding measures to promote service exports, emphasizing the importance of developing service trade as a means to enhance high-level opening-up and cultivate new momentum for foreign trade [1][5]. Summary by Sections 1. Support for Service Exports - The notification outlines 13 specific measures to accelerate service trade development, including utilizing existing funding channels to support various new service export models and green services [6][1]. 2. Investment in Service Trade - It emphasizes enhancing the role of the Service Trade Innovation Development Guidance Fund to attract more social capital into service and digital trade sectors [8][2]. 3. Tax and Insurance Support - The notification proposes optimizing the zero tax rate application process for service exports and increasing support from export credit insurance companies to cover more areas, thereby improving risk management for service exporters [9][10]. 4. Regulatory Improvements - It includes measures to improve the bonded supervision system for research and testing businesses, facilitating easier import processes for necessary goods [12][2]. 5. Cross-Border Personnel and Capital Flow - The notification aims to facilitate cross-border personnel movement and optimize cross-border capital flow management, supporting multinational companies in integrating their funding operations [13][14]. 6. Knowledge and Data Management - It highlights the importance of promoting knowledge property rights transformation and establishing international data service businesses, including the creation of data centers in free trade zones [16][18]. 7. Market Expansion Support - The article mentions the role of service trade intermediary organizations in assisting companies to explore international markets, including legal support and participation in international exhibitions [19][1].

Core Viewpoint - The recent announcement by nine government departments aims to promote service exports through a comprehensive set of 13 policy measures, enhancing support for various service sectors and facilitating international market expansion [2][17]. Group 1: Financial Support and Investment - Utilize existing central and local funding channels to actively support service exports, focusing on new service models such as digital services, high-end design, and environmental services [3][17]. - Enhance the role of the Service Trade Innovation Development Fund to increase investment in service trade and digital trade, encouraging more social capital participation [4][18]. Group 2: Tax and Insurance Measures - Optimize the zero tax rate declaration process for service exports by promoting electronic information to replace paper documentation, improving efficiency [5][19]. - Increase support from export credit insurance companies for service exports, expanding coverage and enhancing claims service quality [6][20]. Group 3: Regulatory and Operational Improvements - Improve the bonded supervision system for research and testing businesses in comprehensive bonded zones, simplifying import approval processes [8][22]. - Facilitate cross-border personnel movement and consumption by optimizing visa policies for foreign investment enterprises and high-level talent [9][23]. Group 4: Financial Transactions and Knowledge Management - Support service enterprises in joining multinational corporate cash pool trials to facilitate internal fund allocation [10][24]. - Encourage the transformation and transaction of intellectual property by enhancing valuation and transaction systems, and promoting financing services related to intellectual property [13][26]. Group 5: Data Management and International Trade - Promote and standardize cross-border data flow by developing operational guidelines and supporting enterprises in international trade and research [14][27]. - Accelerate the development of international data service businesses in designated free trade zones, providing data processing services to various enterprises [15][28]. Group 6: Market Expansion Support - Strengthen the role of service trade intermediary organizations in assisting enterprises to explore international markets, including legal support and participation in trade exhibitions [16][30].

Core Viewpoint - The article discusses the recent policy measures introduced by nine government departments in China to promote service exports, highlighting the importance of accelerating service trade as a means to expand high-level opening-up and cultivate new momentum for foreign trade [2][3]. Summary by Sections Policy Measures Overview - On September 24, the Ministry of Commerce, along with eight other departments, issued a document titled "Several Policy Measures to Promote Service Exports," which includes 13 specific measures to provide comprehensive policy support for service exports [4][19]. Financial Support and Investment - Utilize existing central and local funding channels to actively support service exports, particularly in new business models such as digital services, high-end design, and environmental services [5][19]. - Enhance the role of the Service Trade Innovation Development Guidance Fund to increase investment in service trade and digital trade, encouraging more social capital to participate [6][20]. Tax and Insurance Improvements - Optimize the zero tax rate declaration process for service exports by promoting electronic information to replace paper or electronic certificates, improving efficiency [7][21]. - Increase support from export credit insurance companies for service exports, expanding coverage and enhancing claims service quality [8][22]. Regulatory and Operational Enhancements - Simplify customs procedures for research and testing businesses in comprehensive bonded zones, allowing for easier importation of necessary materials [10][24]. - Facilitate cross-border personnel movement and improve visa policies for foreign investment enterprises and high-level talent [11][25]. Financial Management and Settlement - Support service enterprises in joining multinational corporate cash pool trials to facilitate internal fund allocation [12][26]. - Encourage banks to optimize the review process for small, high-frequency service trade transactions to enhance settlement efficiency [13][27]. Intellectual Property and Data Management - Accelerate the establishment of a knowledge property transaction and evaluation system, enhancing the ability to assess intellectual property value [14][28]. - Promote and regulate cross-border data flow by developing operational guidelines and supporting enterprises in international trade and research [15][29]. International Market Expansion - Increase support for service trade enterprises participating in domestic and international exhibitions, fostering the development of independent exhibition brands abroad [17][32].

Core Viewpoint - The article emphasizes the importance of service trade in international trade and its role in enhancing China's international competitiveness, particularly in the context of rising unilateralism and trade protectionism, as well as opportunities from technological revolutions and industrial transformations [1][3]. Group 1: Service Trade Growth and Innovation - China's service trade has reached a new milestone of over one trillion USD, but its international competitiveness remains relatively insufficient [1]. - The article calls for innovation in service trade mechanisms, including the implementation of bilateral and multilateral trade agreements and the promotion of cross-border service trade through a negative list approach [1][2]. - The need to enhance digital and green development in service trade is highlighted, aiming to boost international cooperation and optimize the open cooperation environment [1][2]. Group 2: Sectoral Development and Standards - The article advocates for the orderly opening of sectors such as telecommunications, healthcare, education, and finance to enhance service trade standards and increase the proportion of high-quality service imports [2][5]. - It emphasizes the importance of knowledge-intensive service trade and the use of digital technologies and artificial intelligence to narrow the trade deficit in traditional service sectors [2][5]. Group 3: External Environment and Trade Dynamics - The article notes the profound changes in the external environment affecting international economic order, while also recognizing the rapid development of digital technologies that are transforming traditional service trade models [5]. - In the first half of the year, China's service trade import and export totaled 38,872.6 billion CNY, with exports growing by 15.0% and imports by 3.2% year-on-year [5]. Group 4: Policy and Regulatory Framework - The article discusses the reduction of foreign investment access negative lists to 29 items and the expansion of visa-free policies to 46 countries and transit visa-free policies to 55 countries [4]. - It highlights the importance of aligning service trade development with national regional development strategies and enhancing the management system for service trade [8]. Group 5: International Cooperation and Network Building - The article emphasizes the need to build a mutually beneficial service trade cooperation network, deepening cooperation with countries along the Belt and Road and expanding collaboration in BRICS and SCO frameworks [9]. - It calls for the establishment of international cooperation parks for service trade and the development of standards and rules in trade facilitation and intellectual property with Belt and Road countries [9].