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International trade

China Emphasizes Deepening Opening Up and Cooperation in Services Trade

Strategic Insights

— 1 min read

China has emphasized the importance of deepening its opening up and cooperation in services trade, as the country seeks to promote growth in the global trade and economy. At the 2025 China International Fair for Trade in Services, Chinese Vice Premier Ding Xuexiang stressed the need for China to work with all countries and parties to strengthen opening up and cooperation in services trade. Ding noted that China's steady advancement in institutional opening up in trade in services has provided strong momentum for its own development while also creating greater room for global economic growth.

Key Takeaways:

  • China has advanced institutional opening up in trade in services, providing strong momentum for its own development and global economic growth.
  • Ding proposed upholding high-standard opening up, reducing barriers to trade in services, and pursuing all-around innovation and international cooperation in areas like artificial intelligence and big data.
  • China is willing to work with all countries and parties to strengthen opening up and cooperation in services trade, promoting growth in global trade and the world economy.
  • The country aims to actively expand imports and exports of quality services, providing more development opportunities for both Chinese and foreign companies.
  • China plans to adhere to the principle of mutual benefit and win-win results, working towards promoting the signing of more high-standard free trade agreements and advancing common prosperity through mutually beneficial cooperation in services trade.
  • The summit attracted about 800 participants from home and abroad, with Ding and Yin inspecting exhibition venues after the summit.

Statistics:

  • 800 participants attended the summit from home and abroad.
  • China has made steady progress in institutional opening up in trade in services.
  • The country aims to continue promoting high-standard opening up and reducing barriers to trade in services.
  • China plans to pursue all-around innovation and international cooperation in areas like artificial intelligence and big data.
  • The country aims to actively expand imports and exports of quality services.

Sources:

  • MIL OSI China News (http://milnz.co.nz/mil-osi-aggregation/)
  • Contify.com (http://contify.com)
  • 2025 China International Fair for Trade in Services

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