People’s Daily Commentator: Promoting the Development and Prosperity of Global Services Trade and Promoting the Rapid Recovery of the World Economy-Xinhua



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</p> <p>People’s Daily Commentator: Promoting the Development and Prosperity of Global Services Trade and Promoting the Rapid Recovery of the World Economy-Xinhua

Xinhua News Agency, Beijing, September 5 People’s Daily Commentator Article September 6: Promoting the Development and Prosperity of Global Trade in Services and Promoting the Rapid Recovery of the Global Economy

At present, the global epidemic of New Crown pneumonia has not yet been fully controlled and all countries face the arduous task of fighting the epidemic, stabilizing the economy and protecting people’s livelihoods. In this context, China has overcome many difficulties and held the China International Trade in Services Fair 2020, which is of great importance.

On September 4, President Xi Jinping delivered a speech at the World Trade in Services Summit of the 2020 China International Services Fair, emphasizing that China’s organization of such an important international economic and trade event is to work together with everyone. to overcome difficulties and promote The development and prosperity of world trade in services has promoted the rapid recovery of the world economy. President Xi Jinping deeply pointed out that open cooperation in the service industry is increasingly becoming an important force for development, and clearly laid out a three-point initiative to promote open cooperation in the global service industry, and solemnly announced important measures to expand the openness of China’s service industry, which has attracted widespread attention from the international community.

In recent years, there has been a new round of scientific and technological revolution and industrial transformation, which fueled the sharp rise in digital technology, promoted deep integration of industries, and led the booming development of the service economy. According to data published by the WTO, the service industry has become a pillar industry in the world economy, accounting for 65% of world GDP. Two-thirds of employment in developing countries and four-fifths of employment in developed countries come from the service industry. With the theme “Global Service, Mutual Benefits and Participation”, this year’s China International Trade in Services Fair aims to use this as an opportunity to build a platform and bridge that enables people around the world to fully demonstrate new developments and advancements in the field of trade in services and share the development and progress of human society. New technologies and new achievements will contribute the wisdom and strength to deepen trade in services and investment cooperation and enhance the vitality of economic and social development.

The world today is undergoing major changes that have not been seen in a century. The global pandemic of the epidemic has accelerated this important change. Economic globalization has run up against the tide, protectionism and unilateralism have increased, the world economy is sluggish, international trade and investment have contracted dramatically, and human production has occurred. Life brings unprecedented challenges and trials. But looking at the history of human social development, the world economy will flourish when open and decline when it closes. Due to its unique characteristics of lightweight assets and soft elements, the service industry needs an open, transparent, inclusive and non-discriminatory industrial development ecology. It also requires countries to work hard to reduce barriers at the border and behind the border that restrict the flow of elements. Cross-border interconnection. In his speech, President Xi Jinping advocated “jointly creating an open and inclusive environment for cooperation”, “jointly activating the momentum of innovation-driven cooperation” and “jointly creating a mutually beneficial and win-win situation of cooperation. “. Committed to eliminating the “digital divide”, promoting the process of digitization of trade in services, strengthening the development of trade in services, innovating cooperation methods, deepening the fields of cooperation, actively seeking the greatest common divider of benefits for the developing and continually expanding the “pie”.

Faced with a deeply changing external environment, we must not be hampered by headwinds and receding waves, but must stand firmly on the right side of history and continue to sustain and lead economic globalization. President Xi Jinping announced that China will establish and improve the negative list management system of cross-border services trade, promote the construction of an open platform for the innovative development of services trade, expand the export bases of characteristic services, make a full use of various platforms to promote the exchange of policies and experiences, and will support Beijing to build a national service industry. Practical measures, such as the expansion of the comprehensive demonstration zone for opening up and the establishment of a pilot free trade zone with technological innovation, service industry opening up and digital economy, fully demonstrate the unwavering expansion of China’s openness and the formation of a broad, multi-level and diversified Strong determination to open the pattern of cooperation. President Xi Jinping clearly stated that China will actively meet the real needs of the development of services trade, promote the coordination of service rules at the multilateral and regional level, accelerate international cooperation in the digital field, actively promote the vigorous development of the digital economy and the sharing economy, and will support practical actions such as the establishment of a global alliance for trade in services. This fully demonstrates China’s steadfast confidence and responsibility to work with other countries to continually improve global economic governance, promote inclusive growth of the world economy, and promote the continued vitality of the world economy.

Humanity is a community of shared destiny, sharing good and pain, mutual support, solidarity and cooperation are the appropriate ways to overcome crises. Treating each other sincerely and sharing the benefits are key measures to promote development. In recent months, the Chinese people have joined with people around the world to fight the epidemic together and overcome difficulties, and together they have made strenuous efforts. As we work together and move hand in hand, emerge from this difficult period in human history with firm steps, and promote the building of a community with a shared future for humanity, we can certainly welcome a better future for the world.

People’s Daily Commentator: Promoting the Development and Prosperity of Global Services Trade and Promoting the Rapid Recovery of the World Economy-Xinhua


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